Assume a company reported the following information for this year.

$\backslash$table$[[$Budgeted $($estimated$)$ production,$80,000$ units$],[$Budgeted sales,$80,000$ units$],[$Production capacity,$100,000$ units$],[$Selling price,$$30$ per unit$],[$Variable manufacturing cost,$$13$ per unit$],[$Estimated total manufacturing overhead cost $($all fixed$),$$$700,000$