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Problem 6A-5 Super-Variable Costing, Variable Costing, and Absorption Costing Income Statements LO6-2, LO6-6) Bracey Company manufactures and sells one product. The following information pertains to the company's first year of operations: Variable cost per unit Direct materials 30 Fixed costs per year s Direct labor Fixed manufacturing overhead Fixed selling and administrative expenses $ 408,000 410,550 $ 70,000 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, Bracey produced 25.500 units and sold 23,500 units. The selling price of the company's product is $68 per unit