Caraco Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. Production volume 7,000units 8,000unitsDirect materials$87.40per unit$87.40per unitDirect labor$20.20per unit$20.20per unitManufacturing overhead$101.50per unit$90.80per unit The best estimate of the total cost to manufacture 7,300 units is closest to:
A. $1,526,430
B. $1,487,375
C. $1,448,320
D. $1,500,750
Answer: D
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