Test Company produces a component part included in its final product. A supplier has contacted the company with an offer to provide the component part for $60 per unit. In evaluating the offer, Test Company identified the following costs to produce the component.

Direct materials	$25 per unit
Direct labor	$10 per unit
Variable overhead	$15 per unit
Fixed overhead	$10,000 per month

Test Companys average monthly demand is 4,000 components per month.

Assume that 20% of the fixed overhead can be avoided if Test Company discontinues production of the component.

Determine the total relevant cost of producing the component.

Note: Give your answer using dollar signs and commas but not decimal points (cents).

Example: $12,345