The following costs result from the production and sale of 4,900 drum sets manufactured by Tight Drums Company for the year ended December 31, 2015. The drum sets sell for $340 each. The company has a 35% income tax rate.

The following costs result from the production and sale of 4,900 drum sets manufactured by Tight Drums Company for the year ended December 31, 2015. The drum sets sell for $340 each. The company has a 35% income tax rate Variable production costs Plastic for casing Wages of assembly workers Drum stands $171,500 490,000 215,600 Variable selling costs Sales commissions 161,700 Fixed manufacturing costs Taxes on factory Factory maintenance Factory machinery depreciation 6,000 12,000 72,000 Fixed selling and administrative costs Lease of equipment for sales staff Accounting staff salaries Administrative management salaries 12,000 62,000 142,000