A company budgets during its first year of operations to produce and sell 14,700 units per quarter of its product at a selling price of 16 per unit. Budgeted costs are as follows: Variable production costs Fixed production costs Variable selling costs per unit 4.50 2.00 3.00 In the first quarter the unit selling price, variable unit cost and expenditure on fixed production costs were as budgeted. The sales volumes 15,500 units and closing inventory was 200 units. What is the profit for the quarter using marginal costing? OA. 178,250 B. 102,350 C. 100,750 D. 148,850