The standard cost card for a company’s only product is given below:

.....................................................................$ per unit
Selling price ..........................................................118
Direct labour 4 hours at $20 per hour ................80
Direct material 3 kg at $7 per hour .....................21
Fixed production overhead ....................................5
Profit ........................................................................12

For a period, budgeted production and sales were 8000 units, whilst actual production and sales were 6000 units. What is the flexed budget profit?
(a) $62 000
(b) $72 000
(c) $96 000
(d) $102 000