Question: X Company wants to estimate total costs (overhead and administrative) in March, when production is expected to be 1,450 units. It analyzed January costs to determine the parameters of the overhead and administrative cost functions. January production was 1,000 units and costs were as follows:
Total overhead costs $56,000
Total fixed overhead costs 35,280
Total administrative costs 37,000
Total variable administrative costs 10,730
What is X Company's estimate of total costs in March [round unit costs to the nearest cent]