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Pedregon Corporation has provided the following information: Directmaterials$7.20DirectlaborVariablemanufacturingoverheadFixedmanufacturingoverheadSalescomminnionsVariableadministrativeexpenseFixedsellingandadministrativeexpenseCostperUnit$4.00$1.45$0.65$0.75Costperperiod18,500$7,200 If 5,000 units are sold, the total variable cost is closest to: Multiple Choice $95,500 $70,250 $77,750 $63,250 Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: Estimatedmachine-houraEstimatedvariablemanufacturingoverheadEstimatedtotalfixedmanufacturingoverhead72,600$3.10permachine-hour$38,790 The predetermined overhead rate for the recently completed year was closest to: Multiple Choice $14.65 per machine-hour $8.66 per machine-hour $9.30 per machine-hour $6.82 per machine-hour