| Owen's Foods produces frozen meals, which it sells for $8 each. The company uses the FIFO inventory costing method, and it computes a new monthly fixed manufacturing overhead rate based on the actual number of meals produced that month. All costs and production levels are exactly as planned. The following data are from the company's first two months in business: Data table January February Sales Production 1,400 meals 1,700 meals .2,000 meals 1,400 meals Variable manufacturing expense per meal $3 $3 Sales commission expense per meal $1 $1 Total fixed manufacturing overhead $700 $700 Total fixed marketing and administrative expenses $400 $400