Trio Company reports the following information for the current year, which is its first year of operations.

Direct materials	$	12	per unit
Direct labor	$	17	per unit
Overhead costs for the year
Variable overhead	$	80,000	per year
Fixed overhead	$	160,000	per year
Units produced this year		20,000	units
Units sold this year		14,000	units
Ending finished goods inventory in units		6,000	units