Chapter $21$ Practice Problem #$1$

Fabulous, Inc. had the below production and administrative costs for the month of December.

$\backslash$table$[[$Units Produced,$50,000],[$Units Sold,$45,500],[$Sales Price Per Unit,$295\mathrm{.}00]]$

Production Costs:

$\backslash$table$[[$Direct Materials,$$,1,625,000$