Direct materials $ $7\mathrm{.}05$

Direct labor $ $3\mathrm{.}50$

Variable manufacturing overhead $ $1\mathrm{.}65$

Fixed manufacturing overhead $ $11,000$

Sales commissions $ $1\mathrm{.}00$

Variable administrative expense $ $0\mathrm{.}40$

Fixed selling and administrative expense $ $5,500$

For financial reporting purposes, the total amount of period costs incurred to sell $5,000$ units is closest to:

Multiple Choice

$$12,500$

$$8,300$

$$7,000$

$$5,500$