Iron Decor manufactures decorative iron railings. In preparing for next year's operations, management has developed the following estimates: Total Per Unit Sales (20,000 units)................ $1,000,000 $50.00 Direct materials..................... $200,000 $10.00 Direct labor (variable).......... $50,000 $2.50 Manufacturing overhead: Variable............................... $70,000 $3.50 Fixed.................................... $80,000 $4.00 Selling &administrative: Variable............................... $100,000 $5.00 Fixed.................................... $30,000 $1.50 Iron Decor manufactures decorative iron railings. In preparing for next year's operations, management has developed the following estimates: Total Per Unit Sales (20,000 units)................ $1,000,000 $50.00 Direct materials..................... $200,000 $10.00 Direct labor (variable).......... $50,000 $2.50 Manufacturing overhead: Variable............................... $70,000 $3.50 Fixed.................................... $80,000 $4.00 Selling &administrative: Variable............................... $100,000 $5.00 Fixed.................................... $30,000 $1.50