Pedregon Corporation has provided the following information: Cost per Cost per Period Unit $6.45 $3.30 $1.25 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $16,500 $0.45 $8.50 $ 4,200 If 5,000 units are sold, the total variable cost is closest to: Multiple Choice $78,500 $69.250 $55,000 $59.750 Larker Brothers, Inc., used the high-low method to derive its cost formula for electrical power cost. According to the cost formula, the variable cost per unit of activity is $4 per machine-hour. Total electrical power cost at the high level of activity was $19.200 and at the low level of activity was $18.400. If the high level of activity was 3,300 machine hours, then the low level of activity was Multiple Choice 3.200 machine hours 2.900 machine hours 3.100 machine hours 2000 machine hours