Data Table Costs incurred for 2017 are as follows (V stands for variable; F stands for fixed): Direct materials used $149,500 V $32,500 V $4,000 V $10,000 V Direct manufacturing labor costs Plant energy costs Indirect manufacturing labor costs Indirect manufacturing labor costs Other indirect manufacturing costs Other indirect manufacturing costs Marketing, distribution, and customer-service costs Marketing, distribution, and customer-service costs $12,000 F $13,000 V $32,000 F $124,000 V $46,000 F Administrative costs $56,000 F - Data Table Inventory data are as follows: Beginning: January 1, 2017 Ending: December 31, 2017 2,400 lbs O units Direct materials O lb Work in process O units Finished goods O units ? units Production in 2017 was 115,000 units. Two pounds of direct materials are used to make one unit of finished product. San Diego Office Equipment manufactures and sells metal shelving. It began operations on January 1, 2017 (Click the icon to view the costs incurred during 2017.) (Click the icon to view the inventory data.) Revenues in 2017 were $583,200. The selling price per unit and the purchase price per pound f direct materials were stable throughout the year. The company's ending inventory of finished goods is carried at the average unit manufacturing cost for 2017. Finished-goods inventory at December 31, 2017, was $15,400. Read the requirements. Requirement 1. Calculate direct materials inventory, total cost, December 31, 2017. The direct materials inventory, total cost, at December 31, 2017 is Requirement 2. Calculate finished-goods inventory, total units, December 31, 2017. (Round intermediary calculations to the nearest cent.) The finished-goods inventory, total units, at December 31, 2017 is Requirement 3. Calculate selling price in 2017. (Enter your answer to the nearest cent.) The 2017 per unit selling price is Requirement 4. Calculate operating income for 2017. (Use parentheses or a minus sign for an operating loss.) Operating income for 2017 is