ScholarPak Company produced and sold 87,000 backpacks during the year just ended at an average price of $47.00 per unit. Variable manufacturing costs were $20.50 per unit, and variable marketing costs were $5.82 per unit sold. Fixed costs amounted to $557,000 for manufacturing and $229,600 for marketing. There was no year-end work-in-process inventory. (Ignore income taxes.)

Required:

1.	Compute ScholarPak