Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company produced 42,000 units and sold 34,000 units at a price of $140 per unit. Manufacturing costs Direct materials per unit Direct labor per unit Variable overhead per unit Fixed overhead for the year $ 22 $ 504,000 $ 12 Selling and administrative costs Variable selling and administrative cost per unit Fixed selling and administrative cost per year $ 100,000