7. A partial listing of costs incurred at Majan Corporation during July appears below: Admin salary, administrative building $1.000 Indirect Materials $5,000 Direct labor $10,000 Sales commissions $2,000 CEO salary $10,000 Electricity cost of headquarter $500 Depreciation of factory equipment $3,000 Depreciation of administrative equipment $3,500 Rent of factory $4,500 Property taxes on the factory $6,000 The total of the period costs listed above for July is: A. $13,500 B. $17,000 C. $45,500 D. $20,500 8. Jumpst Corporation uses the cost formula Y = $10,000+ $5.00X for the maintenance cost in Department B, where X is machine-hours. The August budget is based on 2,000 hours of planned machine time. Maintenance cost expected to be incurred during August is: A. $30,000 B. $20,000 C. $25,000 D. $35,000