Accurate Metal Company sold 32,000 units of its product at a price of $250 per unit. Total variable cost per unit is $150, consisting of $145 in variable production cost and $5 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing.

Multiple Choice:

$3,200,000

$8,000,000

$4,800,000

$4,960,000

$3,360,000