Land of Cookies Productions Costs: Direct material 0.60 Direct labor 1.00 Variable manufacturing overhead 0.40 Total variable manufacturing costs per unit 2.00 Fixed manufacturing overhead per year $ 139,000.00 In addition, the company has fixed selling and administrative costs: Fixed selling costs per year $ 50,000.00 Fixed administrative costs per year $ 65,000.00 Selling price per cookie S 3.75 Number of cookies produced 2,780,000 Number of cookies sold 2,600,000 Number of remaining 180,000 Full (absorption) costing : Full cost per unit 2.05 Ending Inventory Full (absorption) costing 369,000 Variable costing : Variable cost per unit S 2.00 Ending Inventory Variable costing S 360,000