Denton Company manufactures and sells a single product. Cost data for the product are given below:

Variable costs per unit:
Direct materials		$4
Direct labor		10
Variable manufacturing overhead		4
Variable selling and administrative		2
Total variable costs per unit		$20
Fixed costs per month:
Fixed manufacturing overhead	$	105,000
Fixed selling and administrative		160,000
Total fixed cost per month	$	265,000

The product sells for $54 per unit. Production and sales data for July and August, the first two months of operations, are as follows:

	Units Produced	Units Sold
July	21,000	17,000
August	21,000	25,000

The company