Belmain Co. expects to maintain the same inventories at the end of 2017 as at the beginning of the year. The total of all production costs for the year is therefor amed to be equal to the cost of goods sold. With this in mind, the various department heads were asked to submit estimates of the costs for their departments during the year A summary report of these estimates is as follows: Estimated Fixed Cost Estimated Variable Cost (per unit sold) Production costs: Direct materials Direct labor Factory overhead Selling expenses: Sales salaries and commissions Advertising $13 9 $219,300 6 45,600 15,400 4 Travel 3,400 Miscellaneous selling expense 3,800 Administrative expenses: Office and officers' salaries Supplies Miscellaneous administrative expense 44,600 5,500 5,120 5342,720 Total $36 It is expected that 7,480 units will be sold at a price of $120 a unit. Maximum sales within the plevant range are 9,000 units