A company has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. What is the best estimate of the total variable manufacturing cost per unit?
Production Volume... 1000 units 3000 units
Direct Materials... $30.9 per unit $30.9 per unit
Direct Labor... $40.2 per unit $40.2per unit Manufacturing overhead... $64.6 per unit $33.8 per unit