Barnes Company reports the following for its product for its first year of operatipns.

Direct materials

Direct labor

Variable overhead

Fixed overhead

V$$riable selling and administrative expenses

Fixed selling and administrative expenses

$$35$ per unit

$$25$ per unit

$$10$ per unit

$$48,000$ per year

$$3$ per unit

$$20,000$ per year

The company sells its product for $$150$ per unit. Compute contribution margin using variable costing assuming the company $($a$)$ produces and sells $2,000$ units and $($b$)$ produces $2,400$ units and sells $2,000$ units.

$\backslash$table$[[$Contribution margin using variable costing,$\backslash$table$[[($a$)2,000$ Units Produced and$],[2,000$ Units Sold$]],\backslash$table$[[($b$)2,400$ Units Produced$],[$and $2,000$ Units Sold$]]],[$Variable expenses,,$]]$