Problem 5-5 The following information is available for Skipper Pools, a manufacturer of above-ground swimming pool kits: 2015 Total 9,370 22,000 11,000 22,000 Units produced Units sold Selling price per unit Direct material per unit Direct labor per unit Variable manufacturing overhead per unit Fixed manufacturing overhead per year Fixed selling and administrative expense per year $4,500 $830 $1,500 $392 $2,286,030 $2,286,030 $1,516,700 2014 12,630 11,000 $4,500 $830 $1,500 $392 $1,516,700 In its first year of operation, the company produced 12,630 units but was able to sell only 11,000 units. In its second year, the company needed to get rid of excess inventory (the extra 1,630 units produced but not sold in 2014), so it cut back production to 9,370 units Your answer is incorrect. Try again Calculate profit for both years using full costing. (Round cost per unit to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g.125.) 2014 2015 Net profit 15288110 19255830 LINK TO TEXT LINK TO TEXT LINK TO TEXT