8.Carr Company produces a single product. Last year, Carr manufactured 25,000 units and sold 20,000 units. Production costs for the year were as follows: Fixed manufacturing overhead $250,000 Variable manufacturing overhead $210,000 Direct labor $120,000 Direct materials $180,000 Sales were $850,000, for the year, variable selling and administrative expenses were $110,000, and fixed selling and administrative expenses were $170,000. There was no beginning inventory. Assume that direct labor is a variable cost. Under absorption costing, the ending inventory for the year would be valued at: (Do not round intermediate calculations.) 9.Buker Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: Estimated machine-hours 72,300 Estimated variable manufacturing overhead $3.10 per machine-hour Estimated total fixed manufacturing overhead $838,730 The predetermined overhead rate for the recently completed year was closest to: 10. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $166 Units in beginning inventory 0 Units produced 11,200 Units sold 10,500 Units in ending inventory 700 Variable cost per unit: Direct materials $51 Direct labor $51 Variable manufacturing overhead $6 Variable selling and administrative $4 Fixed costs: Fixed manufacturing overhead $380,800 Fixed selling and administrative $168,000 What is the total period cost for the month under variable costing?