Leigh Company, which has only one product, reported the following results for January Selling price.... $100 Units in beginning inventory. Units produced...... Units sold.......... Units in ending inventory... 300 1,200 1,400 100 Variable costs per unit: Direct materials. Direct labor... Variable manufacturing overhead..... . Variable selling and administrative......... Fixed costs: Fixed manufacturing overhead................. Fixed selling and administrative... 59,600 $1,400 Cost of goods sold is a variable cost in this company