Aces Incorporated, a manufacturer of tennis rackets, began operations this year. The company produced $7,850$ rackets and sold $5,830.$ Each racket was sold at a price of $$90.$ Fixed overhead costs are $$102,050$ per year, and fixed selling and administrative costs are $$69,000$ per year. The company also reports the following per unit variable costs for the year.

Direct materials $ $12$

Direct labor $8$

Variable overhead $5$

Variable selling and administrative expenses $2$