Caraco Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. The best estimate of the total cost to manufacture 7,300 units is closest to: (Round your intermediate calculations to 2 decimal places.)
A) $1,487,375
B) $1,448,320
C) $1,500,750
D) $1,526,430

Question

Caraco Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product.  The best estimate of the total cost to manufacture 7,300 units is closest to: (Round your intermediate calculations to 2 decimal places.)
A) $1,487,375 
B) $1,448,320 
C) $1,500,750 
D) $1,526,430

Quizplus · Accepted Answer

The Answer of Caraco Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product.  The best estimate of the total cost to manufacture 7,300 units is closest to: (Round your intermediate calculations to 2 decimal places.)
A) $1,487,375 
B) $1,448,320 
C) $1,500,750 
D) $1,526,430

Caraco Corporation Has Provided the Following Production and Average Cost