equired information The following information applies to the questions displayed below kismat timat Company manufactures winter hats that sell for $ $40$ each $.$ The following information pertains to the company's first ear of operations in which it produced $40,000$ units and sold $35,000$ units $.127$ Variable costs per unit : Manufacturing : Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs per year : Fixed manufacturing overhead Fixed selling and administrative expenses $ $$ $ $12$ $ $400,000$ $ $248,000$