Anderson 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: 4,000 units 5,000 units
Direct materials: $99.20 per unit $99.20 per unit
Direct labor: $45.50 per unit $45.50 per unit
Manufacturing overhead: $94.00 per unit $77.60 per unit
The best estimate of the total monthly fixed manufacturing cost is: