ABC Manufacturing Company provided the following information for the year: Sales $1,200,000 Variable selling and admin expenses 120,000 Fixed selling and admin expenses 60,000 Variable cost of goods sold 750,000 Fixed cost of goods sold 150,000 Contribution margin for the year is: $990,000 $ O $330,000 O $450,000 O $300,000 ABC Manufacturing Company provided the following information for the year: Sales $400,000 Variable selling and admin expenses 40,000 Fixed selling and admin expenses 20,000 Variable cost of goods sold 250,000 Fixed cost of goods sold 50,000 Gross profit for the year is: $100,000 $150,000 $330,000 $110,000