Lynch Company manufactures and sells a single product. The following costs were incurred during the company$$s first year of operations:

Variable costs per unit:

Manufacturing:

Direct materials $ $11$

Direct labor $ $3$

Variable manufacturing overhead $ $1$

Variable selling and administrative $ $1$

Fixed costs per year:

Fixed manufacturing overhead $ $330,000$

Fixed selling and administrative $ $240,000$

During the year, the company produced $30,000$ units and sold $23,000$ units. The selling price of the company$$s product is $$43$ per unit.