units produced 4,000

units sold 3500

price per unit 28
direct materials 6.1
direct labor 5.2
variable overhead 1.6
variable cost 12.9
fixed production overheads 30000
fixed administration overheads 13000
Variable administration overheads

Opening stock $ - $ 6,450

Production cost $ 81,600 $ 76,440
Closing stock $ -6,450 $ -3,870
Cost of sales $ 75,150 $ 79,020
Fixed costs $ 13,000 $ 13,000
Total costs $ 88,150 $ 92,020
Sales $ 98,000 $ 106,400
Gross profit $ 9,850 $ 14,380
Variable administration overheads $ 4,900 $ 5,320
Net profit $ 4,950 $ 9,060
sales 98000 4000 3600 4100
variable expense 3500 3800 300
500
24,400
20,800
6,400

30000
13000
4900
99,500
- 1,500