The production company Minningar ehf produces souvenirs. Last year was raw material cost ISK 14,000 and wages in a factory 19,000 ISK. Another one production costs, e.g. electricity, heat and property taxes was ISK 17,000. Sales and management costs were ISK 8,000. during the year. The company produced 5,000 pieces of souvenirs during the year and sold 3,000 pcs. The average selling price was ISK 15/pc. Who was gross profit (gross margin) of the year?