Sheridan Company bottles and distributes B$-$Lite, a diet soft drink. The beverage is sold for $60$ cents per $16$ounce bottle to retailers. For the year $2022,$ management estimates the following revenues and costs.

Sales

Direct materials

Direct labor

Manufacturing overhead$-$variable

Manufacturing overhead$-$fixed

$\backslash$table$[[$$$1,980,000,$Selling expenses$-$variable,$$79,000$