(TCO 5) Vernon Inc. manufactures and sells one product. Sales and production information is contained below.

Selling price per unit $50

Variable manufacturing costs per unit produced (DM, DL, and variable MOH) $24

Variable operating expenses per unit sold $5

Fixed manufacturing overhead (MOH) in total for the year $135,000

Fixed operating expenses in total for the year $55,000

Units produced during the year 15,000

Units sold during the year 13,000