Concord manufactures aluminum canoes. In planning for the coming year, CFO Alexis King is considering three different sales targets: 2,830 canoes, 3,320 canoes, and 3,710 canoes. Canoes sell for $880 each. The standard variable cost information for a canoe is as follows. Direct materials $ 299 Direct labor 138 Variable overhead Utilities 35 Indirect material 30 Indirect labor 60 Total $ 562 Annual fixed overhead cost is expected to be: Maintenance $ 20,500 Depreciation Insurance 43,600 27,600 Rent 31,310 Total $ 123,010