Circuit Boards R Us (CBRU) uses regression analysis to estimate the monthly cost of producing circuit boards.

Circuit Boards R Us​ (CBRU) uses regression analysis to estimate the monthly cost of producing circuit boards. A regression analysis using number of circuit boards produced as the cost driver has the following​ output: Y​ = $​ 70,000 ​ + ​ $ 2​ * number of circuit boards. CBRU is budgeting to produce​ 40,000 circuit boards in the coming month. What is a reasonable estimate of budgeted production costs in the coming​ month?