The Flat Company Ltd is famous for its Soft Feel range of yoga mats. The management of the company is considering the production for next year and has asked for help with certain financial decisions. The following information is available: Wholesale selling price 60 Direct materials 20 Direct labour 18 Fixed overheads 200,000 per year The company is planning to manufacture 12,500 mats next year. You are required to a) Calculate the following information The total cost per mat The marginal cost per mat The profit or loss if 12,500 yoga mats are so