A company reports the following information for its first year of operations: Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 43,000 units 39,000 units $ 0.57 per unit $ 0.83 per unit $26,660 in total ? in total If the company's cost per unit of finished goods using variable costing is $2.02, what is the amount of total fixed overhead?

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.