Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $$920.$ Selected data for the company's operations last year follow:

$\backslash$table$[[$Units in beginning inventory,$0],[$Units produced,$275],[$Units sold,$260],[$Units in ending inventory,$15],[$Variable costs per unit:,$110],[$Direct materials,$$30$