Fancy Chair Inc. (FCI) has manufactured one chair model in recent years, the Comfochair. It is a one of a kind chair, with really cool cup holders, mini fridge, and lamp built in. The fridge can hold up to 4 sodas. It is a very good product and was featured recently in a sports magazine. Financial information relating to the company and product for next year is provided below.

Financial details per unit:

Selling price	$520
Variable selling cost	38
Variable overhead cost	26
Direct labour cost	110
Direct material cost	245

Next year, FCI expects to make and sell 20,700 Comfochairs. It is expected to be a very good year due to the latest fad of people watching sports from home instead of attending live games. Fixed administrative costs are expected to total $546,000 and fixed manufacturing costs are expected to total $318,000.