During January 2025, Walmart Inc. incurred the following costs in producing retail goods:

1. Direct materials: $350,000
2. Direct labor: $180,000
3. Manufacturing overheads: $150,000
4. Selling and distribution expenses: $100,000
5. Administrative expenses: $80,000
6. Units produced and sold: 22,000 units
7. Sales revenue: $1,100,000

Requirements:

1. Calculate the total production cost.
2. Compute the cost per unit.
3. Determine the gross profit per unit.

Calculate the total gross profit and net profit.