Sims Company, a manufacturer of tablet computers, began operations on January 1, 2019. Its cost and sales information for this year follows. Manufacturing costs Direct materials $ 30 per unit Direct labor $ 50 per unit Overhead costs Variable $ 20 per unit Fixed $ 8,000,000 (per year) Selling and administrative costs for the year Variable $ 725,000 Fixed $ 4,750,000 Production and sales for the year Units produced 100,000 units Units sold 70,000 units Sales