The executive director of ABD Ltd supplied you with the following information for you to take applicable action. The market research has indicated that customers are likely to be strongly influenced by their perception of the company$$s commitment to a particular market and consequently the company must decide whether to serve the domestic market or the export market.

Last year$$s sales in the domestic market were:

Standard $2000$ units Premium $1500$ units Deluxe $1300$ units

Cost and product data is:

Standard Premium Deluxe

Labour hours per unit $1\mathrm{.}62\mathrm{.}43\mathrm{.}0$

Material cost per unit $$100$ $$160$ $$175$

Selling price per unit $$400$ $$700$ $$900$

Labour costs are $$50$ per labour hour and variable overheads are absorbed on a labour hour basis at a rate of $$40$ per hour. Fixed costs are $$120,000$ per annum.

Required:

$($a$)$ Calculate the profit which the company can expect from:

$($i$)$ continuing to sell in the domestic market; and

$($ii$)$ entering the export market.