Question: Addison, Inc. makes a single product, an indoor fireplace. Data for last year is as follows: $420 Selling price per fireplace Manufacturing costs: Variable per

 Addison, Inc. makes a single product, an indoor fireplace. Data forlast year is as follows: $420 Selling price per fireplace Manufacturing costs:Variable per unit produced: $135 $43 $37 $210,000 Direct materials Direct labor

Addison, Inc. makes a single product, an indoor fireplace. Data for last year is as follows: $420 Selling price per fireplace Manufacturing costs: Variable per unit produced: $135 $43 $37 $210,000 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead per vear Selling and administrative expenses: $45 $190,000 Variable per unit sold Fixed per year Units in beginning inventory Units produced during the year Units sold during the year 0 5,000 4,500 Use the data to answer the following

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