The following information is available for Skipper Pools, a manufacturer of above-ground swimming pool kits: 2020 2021 Total Units produced 12,000 8,000 20,000 Units sold 10,000 10,000 20,000 Selling price per unit $4,000 $4,000 Direct material per unit $800 $800 Direct labor per unit $1,500 $1,500 Variable manufacturing overhead per unit $300 $300 Fixed manufacturing overhead per year $2,400,000 $2,400,000 Fixed selling and administrative expense per year $1,500,000 $1,500,000 In its first year of operation, the company produced 12,000 units but was able to sell only 10,000 units. In its second year, the company needed to get rid of excess inventory (the extra 2,000 units produced but not sold in 2020), so it cut back production to 8,000 units