Question 1 Jackson Company produces plastic that is used for injection-molding applications such as gears for small motors. In 2016, the first year of operations, Jackson produced 4,000 tons of plastic and sold 3,500 tons. In 2017, production and sales results were exactly re ersed. In each year, the selling price per ton was $2,000 variable manufacturing costs were 15% of the sales price of units produced variable selling expenses were 10 the selling price of units sold, fixed manufacturing costs were $2,800,000, and fixed administrative expenses were $500,000