Jules Company manufactures and sells two products GK320 and GK340. It had budgeted to produce 25,000 units each for both GK320 and GK340. The following costs were incurred during 2020, the companys first year of operations. Cost per unit Details GK320 $ GK340 $ Direct materials 18 13 Direct labour 5 7 Variable overheads 2 7 Fixed production overhead 200,000 200,000 Fixed selling and administrative overheads for the entire company was $65,000. During 2020, the company produced 20,000 units for GK320 and 15,000 units for GK340. The company sold 16,000 units for GK320 and 10,000 units for GK340. The selling price of the companys product is $50 per