Walsh Company manufactures and sells one product The following information pertains to each of the cormpany's first two years of operations Variable costs Direct materials 27 13 Direct labor Variable seling and administrative Fixed manufacturing overhead Foxed oosts per year s 320.000 s 60.000 Fixeid selling and administrative expenses During its frst year of operations, Walsh produced 50,000 units and sold 40,000 units During its second year of operations, it produced 40,000 units and sold 50,000 unts. The seling price of the company's product is $60 per unit