ScholarPak Company produced and sold 77,000 backpacks during the year just ended at an average price of $37.00 per unit. Variable manufacturing costs were $15.50 per unit, and variable marketing costs were $5.22 per unit sold. Fixed costs amounted to $547,000 for manufacturing and $221,600 for marketing. There was no year-end work-in-process inventory. (Ignore income taxes.)

Required:

1.	Compute ScholarPak