During the first month of operations ended July 31, YoSan Inc. manufactured 10,500 flat panel televisions, of which 9,700 were sold. Operating data for the month are summarized as follows: Line Item Description Amount Amount Sales $1,358,000 Manufacturing costs: Direct materials $693,000 Direct labor 210,000 Variable manufacturing cost 178,500 Fixed manufacturing cost 84,000 1,165,500 Selling and administrative expenses: Variable $106,700