$[$The following information applies to the questions displayed below.$]$

Ramort Company reports the following for its single product. Ramort produced and sold $20,800$ units this year.

Direct materials $ $14$ per unit

Direct labor $ $16$ per unit

Variable overhead $ $7$ per unit

Fixed overhead $ $41,600$ per year

Variable selling and administrative expenses $ $3$ per unit

Fixed selling and administrative expenses $ $66,000$ per year

Sales price $ $72$ per unit

Compute gross profit under absorption costing.