A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 131 Units in beginning inventory 0 Units produced 2,940 Units sold 2,740 Units in ending inventory 200 Variable costs per unit: Direct materials $ 44 Direct labor $ 19 Variable manufacturing overhead $ 13 Variable selling and administrative expense $ 12 Fixed costs: Fixed manufacturing overhead $85,260 Fixed selling and administrative expense $16,440