Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $772. Selected data for the companys operations last year follow: Units in beginning inventory 0 Units produced 11,000 Units sold 7,000 Units in ending inventory 4,000 Variable costs per unit: Direct materials $ 140 Direct labor $ 380 Variable manufacturing overhead $ 60 Variable selling and administrative $ 23 Fixed costs: Fixed manufacturing overhead $ 790,000 Fixed sel