Albany, Inc., planned and actually manufactured 200,000 units of its single product in 2017, its first year of operation. Variable manufacturing cost was $22 per unit produced. Variable operating (nonmanufacturing) cost was $8 per unit sold. Planned and actual fixed manufacturing costs were $1,200,000. Planned and actual fixed operating (nonmanufacturing) costs totaled $370,000. Albany sold 140,000 units of product at $42 per unit. Read the requirements.