Valvano Corporation uses a job-order costing system with a s…

Valvano Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $440,000, variable manufacturing overhead of $2.20 per machine-hour, and 50,000 machine-hours. The estimated total manufacturing overhead is closest to:

Shelp Corporation has provided the following information:  …

Shelp Corporation has provided the following information:     Cost per Unit Cost per Period Direct materials $ 7.15   Direct labor $ 3.35   Variable manufacturing overhead $ 1.40   Fixed manufacturing overhead   $ 81,000 Sales commissions $ 0.50   Variable administrative expense $ 0.50   Fixed selling and administrative expense   $ 40,500 For financial reporting purposes, the total amount of period costs incurred to sell 9,000 units is closest to: