1. The following costs related to Summertime Company for a relevant range of up to 20,000 units annually:

   Variable Costs:
   Direct materials	$5.00
   Direct labor	1.50
   Manufacturing Overhead	2.50
   Selling and administrative	3.00
   Fixed Costs:
   Manufacturing overhead	$20,000
   Selling and Administrative	10,000

   The selling price per unit of product is $15.00. At a sales volume of 15,000 units, what is the total profit for Summertime Company?

   $ 30,000

   $ 15,000

   $225,000

   $300,000