A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price	$95
Units in beginning inventory	0
Units produced	4,950
Units sold	4,650
Units in ending inventory	300
Variable costs per unit:
Direct materials	$26
Direct labor	$22
Variable manufacturing overhead	$14
Variable selling and administrative	$10
Fixed costs:
Fixed manufacturing overhead	$69,300
Fixed selling and administrative	$26,600

The total contribution margin for the month under variable costing is:

Multiple Choice

a. $153,450

b. $106,950

c, $102,300

d, $37,650