Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $766. Selected data for the companys operations last year follow: Units in beginning inventory 0 Units produced 24,000 Units sold 21,000 Units in ending inventory 3,000 Variable costs per unit: Direct materials $ 110 Direct labor $ 440 Variable manufacturing overhead $ 49 Variable selling and administrative $ 17 Fixed costs: Fixed manufacturing overhead $ 640,000 Fixed selli