Cool Sky reports the following costing data on its product for its first year of operations. During this first year the company produced 40,000 units and sold 32,000 units at a price of $130 per unit. Manufacturing costs Direct materials per unit Direct labor per unit Variable overhead per unit Fixed overhead for the year Selling and administrative cost Variable selling and administrative cost per unit Fixed selling and administrative cost per year $ 54 $ 20 6 $ 440,000 11 $ 120,000