For the year ended December 31, 2020

Jackson Company produces plastic that is used for injection-molding applications such as gears for small motors. In 2019, the first year of operations, Jackson produced 5,200 tons of plastic and sold 4,030 tons. In 2020, the production and sales results were exactly reversed. In each year, the selling price per ton was $2,300, variable manufacturing costs were 17% of the sales price of units produced, variable selling expenses were 8% of the selling price of units sold, fixed manufacturing costs were $3,640,000, and fxxed administrative expenses were $460,000. Question 4 of 4 0.29/1 : Sales Variable Cost of Coods Sold Contribution Marein Fred Manufacturine Overhead Nit Incenter(toss) s 2351750