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Panama Corporation has provided the following information: cost per Period Cost per Unit $6.65 $3.70 $1.45 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing

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Panama Corporation has provided the following information: cost per Period Cost per Unit $6.65 $3.70 $1.45 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 25,900 $0.65 $0.70 $ 4,800 If 7,000 units are produced, the total amount of manufacturing overhead cost is closest to: If 7,000 units are produced, the total amount of manufacturing overhead cost is closest to: Multiple Choice $40,850

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