Instructions Bionic Cotton Inc. manufactures and sells high-quality sporting goods equipment under its highly recognizable Cool Cat logo. The company began operations on January 1, 2016, and operated at 100% of capacity (82,000 units) during the first month, creating an ending inventory of 11,000 units. During February, the company produced 74,800 garments during the month but sold 85,800 units at $100 per unit. The February manufacturing costs and selling and administrative expenses were as follows: Number of Units Unit Cost Total Cost Manufacturing costs in February beginning inventory Variable Fixed Total February manufacturing costs Variable Fixed Total Selling and administrative expenses Variable 11,000 $52 $ 572,000 11,000 88,000 $60 $660,000 74,800 $52 $ 3,889,600 10 $62 $4,637,600 74,800 748,000 $1,320,000