Carla Vista Equipment Company manufactures and distributes industrial air compressors. The following data are available for the ended December $31,2022.$ The company had no beginning inventory. In $2022,$ it produced $1,440$ units but sold only $1,250$ units. T unit selling price was $$4,470.$ Costs and expenses were as follows:

Variable costs per unit

Direct materials

$$770$

Direct labour

$1,300$

Variable manufacturing overhead

$280$

Variable selling and administrative expenses

$70$

nnual fixed costs and expenses

Fixed manufacturing overhead

$$1,192,800$

Selling and administrative expenses

$107,900$