RCL is planning to manufacture a new chemical for use in the farming industry. The product will be sold for $30 per unit. The company expects the following unit costs to apply to the production of the chemical: Ingredients 1 0.50 kilos @ E3/kilo Ingredients 2 0.75kilos @ f4/kilo Labour 0.50hours @ $5/hour Variable overhead 0.50hours @ $8/hour Fixed overheads are expected to be f15,120 per annum and will accrue evenly over the year. Each 3 months period is assumed to contain the same number of days and production and sales units will be the same for each 3-month period. The planned production and sales levels for the first three months of 2014 are expected to be