Data for Exercises 30.1 and 30.2. Starmont Manufacturing Co. divided all of its costs and expenses into fixed and variable components. Data for the companys first year of operations follows. Ignore income taxes. Beginning inventory of finished goods 0 Units produced (no work in process) 16,000 Units sold 13,000 Units in ending inventory of finished goods 3,000 Sales price $215 per unit Variable manufacturing costs $80 for each unit manufactured Variable selling and administrative expenses $40 per unit sold Fixed manufacturing costs for year $160,000 Fixed selling and administrative expenses for year $380,000