Wiengot Antennas, Inc., produces and sells a unique type of TV antenna. The company has just opened a new plant to manufacture the antenna, and the following cost and revenue data have been provided for the first month of the plant's operation in the form of a worksheet.

Beginning inventory Units produced 40,000 Units sold 35,000 Selling price per unit $60 Selling and administrative expenses: Variable per unit $2 Fixed (total) $560,000 Manufacturing costs Direct materials cost per unit $15 Direct labor cost per unit $7 Variable manufacturing overhead cost per unit Fixed manufacturing overhead cost (total) $640,000