Fresno Industries Inc. manufactures and sells high-quality camping tents. The company began operations on January 1 and operated at 100% of capacity (167,000 units) during the first month, creating an ending inventory of 24,000 units. During February, the company produced 143,000 units during the month but sold 167,000 units at $580 per unit. The February manufacturing costs and selling and administrative expenses were as follows: Total Number of Units Unit Cost Cost Manufacturing costs in February 1 beginning inventory: Variable $290.00 24,000 24,000 Fixed 35.00 $6,960,000 840,000 $7,800,000 Total $325.00 Manufacturing costs in February Variable 143,000 143,000 $290.00 $41,470,000 5,777,200 Fixed 40.40 Total $330.40 $47.247,200 Selling and administrative expenses in February Variable 26.90 167,000 167,000 $4,492,300 835,000 Fixed 5.00 Total 31.90 $5,327,300 Fresno Industries Inc. manufactures and sells high-quality camping tents. The company began operations on January 1 and operated at 100% of capacity (167,000 units) during the first month, creating an ending inventory of 24,000 units. During February, the company produced 143,000 units during the month but sold 167,000 units at $580 per unit. The February manufacturing costs and selling and administrative expenses were as follows: Total Number of Units Unit Cost Cost Manufacturing costs in February 1 beginning inventory: Variable $290.00 24,000 24,000 Fixed 35.00 $6,960,000 840,000 $7,800,000 Total $325.00 Manufacturing costs in February Variable 143,000 143,000 $290.00 $41,470,000 5,777,200 Fixed 40.40 Total $330.40 $47.247,200 Selling and administrative expenses in February Variable 26.90 167,000 167,000 $4,492,300 835,000 Fixed 5.00 Total 31.90 $5,327,300