Fresno Industries Inc. manufactures and sells high-quality camping tents. The company began operations on January 1 and operated at 100% of capacity (38,500 units) during the first month, creating an ending inventory of 3,500 units. During February, the company produced 35,000 units during the month but sold 38,500 units at $95 per unit. The February manufacturing costs and selling and administrative expenses were as follows: Manufacturing costs in February 1 beginning inventory: Variable Fixed Total Manufacturing costs in February: Variable Fixed Total Selling and administrative expenses in February: Variable Fixed Total Number of Unit Total Units Cost Cost 3,500 $38.00 $133,000 3,500 14.00 49,000 $52.00 $182,000 35,000 $38.00 $1,330,000 35,000 15.40 539,000 $53.40 $1,869,000 38,500 38,500 $18.20 7.00 $700,700 $25.20 269,500 $970,200