Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year 25,000 units Units sold this year 15,000 units Direct materials $8 per unit Direct labor $10 per unit Variable overhead $3 per unit Fixed overhead $50,000 in total Variable selling and administrative $5 per unit Fixed selling and administrative $20,000 in total Selling price $50 Given Advanced Company's data, compute the dollar amount of contribution margin using variable costing. Numeric Response