23. Company A provides you with the following information for its unique products X and Y for its first year of operation. The company produced and sold 5,000 units of X and 10,000 units of Y.

X Y Turnover $ 540 000 400 000 Cost of goods sold 340 000 258 000 EA Gross margin $ 200 000 142 000 Operating 220 000 79 500 expenses $ Result $ (20 000) 62 500