A.) What is the Gross Margin if production and sales equal 6,000 units?

B.) What is the Contribution Margin if production and sales equal 6,000 units?

****Please help with this problem. Can you please show your work so I can understand the answer. Thank you!!**

16. (8 points) Chen Manufacturing expects to produce and sell 6,000 units at a sales price of $20 per unit for the current year. Other cost information for the year is as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable marketing Fixed marketing $ 2.00 per unit $ 8.00 per unit $ 3.00 per unit $ 24,000 $ 1.00 per unit $ 3,000