1. The information below relates to the operations of Catfish Manufacturing for the years 2021 and 2022. $ Per Unit: Sales price Direct material cost Direct wages Variable production overhead Variable administrative costs 25.00 5.50 4.80 1.70 3.00 Per annum: Fixed production overhead Fixed selling and administrative expenses $400 000 $104 000 Normal activity level: 250 000 units per annum fariable selling cost: 2% of sales On January 1, 2021, the company had 5,000 units in stock. During the year, Catfish produced 220,000 units and sold 210,000. In 2022, the company