Emerson Corporation which uses throughput costing just completed its first year of operations. Planned and actual production equaled 10,000 units and sales total 9600 units at $72 per unit. Costs data...

Emerson Corporation which uses throughput costing just completed its first year of operations. Planned and actual production equaled 10,000 units and sales total 9600 units at $72 per unit. Costs data for the year are as follows:

Direct material per unit $12.00Conversion CostsDirect Labor $45,000Variable manufacturing overhead $65,000Fixed manufacturing overhead $220,000Selling and administrative costsVariable per unit $8.00Fixed $118,000