Pfizer Inc. produced and sold pharmaceuticals in March 2025, incurring the following costs:

1. Direct materials: $450,000
2. Direct labor: $220,000
3. Manufacturing overheads: $180,000
4. Selling expenses: $120,000
5. Administrative expenses: $100,000
6. Units produced and sold: 26,000 units
7. Sales revenue: $1,300,000

Requirements:

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

Calculate the total gross profit and net profit.