The following data are available regarding an organization who makes a single product.

Period $2$

Production $($units$)$

$18,000$

Sales

$16,500$

Opening Stock

$1,000$

Closing Stock

$2,500$

The following cost structure applies $($based on a budgeted level of $17,000$ units per period$).$

Cost per unit

$

Direct Material

$2\mathrm{.}00$

Direct Labour

$6\mathrm{.}00$

Production Overheads

$3\mathrm{.}00$

$11\mathrm{.}00$

Selling price is $$17$ per unit

Administrative overheads are $$15,000$ per period and the budgeted production overheads are $$51,000$ per period of which $$34,000((2)/(3))$ are fixed.

What is the Absorption Costing Profit$/$Loss$?$

Question $16$Select one:

A$.$

$$69,000$

B$.$

$$84,000$

C$.$

$$120,000$

D$.$

$$41,000$