Question: Write your answer in the space provided. Neely Incorporated had the following fixed costs: The company also had the following variable costs: Variable manufacturing costs

 Write your answer in the space provided. Neely Incorporated had the

Write your answer in the space provided. Neely Incorporated had the following fixed costs: The company also had the following variable costs: Variable manufacturing costs $ 124,000 Variable marketing costs $ 30,000 Variable administrative costs $ 28,000 The company produced and sold 55,000 units of the product during the year at a selling price of $9.00 per unit. The company had no inventory at the beginning of the year

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