Learned Corporation has provided the following Information: Cost per Cost per Period Unit Direct materials Direct labor $ 5.80 $ 4.00 $ 1.60 s 5 24,000 Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 8.78 $ 0.60 8,480 Required: a. For financial reporting purposes, what is the total amount of product costs Incurred to make 6,000 units? b. For financial reporting purposes, what is the total amount of perlod costs incurred to sell 6,000 units? c. If the selling price is $23.30 per unit, what is the contribution margin per unit sold? (Round your answer to 2 decimal places.) d. If 7,000 units are produced, what is the total amount of direct manufacturing cost incurred? e. If 7,000 units are produced, what is the total amount of Indirect manufacturing costs incurred? 2. Total product cost b. Total period cost c. Contribution margin per unit d. Total direct manufacturing cost e. Total indirect manufacturing cost In a job-order costing system that is based on machine-hours, which of the following formulas is correct? Multiple Choice Predetermined overhead rate = Actual manufacturing overhead Estimated machine-hours Predetermined overhead rate = Estimated manufacturing overhead = Actual machine-hours Predetermined overhead rate = Actual manufacturing overhead = Actual machine-hours Predetermined overhead rate = Estimated manufacturing overhead = Estimated machine-hours