4. Fredericksen Corporation makes one product and has provided the following information Budgeted sales, February 8.700 units 6 pounds S 2.00 per pound Raw materials cost Direct labor requirement per unit of output Direct labor wage rate Predetermined overhead rate (all variable) Variable selling and administrative expense Fixed selling and administrative expense 2.9 direct labor hours S 21.00 per direct labor-hour S 10.00 per direct labor-hour S 1.10 per unit sole s 80,000 per month The estimated cost of goods sold for February is closest to