Problem \#5: Cost Behavior Analysis Riley Company would like to estimate production costs on an annual basis. Costs incurred for direct materials and direct labor are variable costs. The accounting records indicate the following production Final Assessment: Outline and Rubric 6 Accounting for Managerial Decisions Final Assessment: Outline and Rubric costs were incurred last year for 40,000 units: Required: Use account analysis to estimate the fixed costs per year, and the variable cost per unit