Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.25 Direct labor $ 4.10 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 20,900 Sales commissions $ 0.70 Variable administrative expense $ 0.80 Fixed selling and administrative expense $ 3,900 If 5,500 units are sold, the total variable cost is closest to: $87,175 $78,925 $70,675 $106,700