Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2020, the company incurred the following costs. Variable Costs per Unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses $7.95 $3.66 $6.15 $4.13 Fixed Costs per Year Fixed manufacturing overhead $235,850 Fixed selling and administrative expenses $222,706 Siren Company sells the fishing lures for $26.50. During 2020, the company sold 79,000 lures and produced 89.000 lures.