Novak's Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2022, the company incurred the following costs: Variable cost per unit Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative expenses Fixed costs for year Fixed manufacturing overhead Fixed selling and administrative expenses $6.70 2.95 5.80 4.00 $344,520 240,400 Novak's Company sells the fishing lures for $25.00. During 2022, the company produced 95,700 lures