Capity Tea Products has an exclusive contract with British Distributors. Calamine and Capity are two brands of teas that are imported and sold to retail outlets. The following information is provided for the month of March:

Actual Budget

Calamine Capity Calamine Capity

Sales in pounds 3,740 lbs. 3,960 lbs. 4,400 lbs. 3,300 lbs

Price per pound $2.80 $2.80 $2.00 $3.00

Variable cost per pound 1.00 2.00 1.00 1.50

Contribution margin $1.80 $0.80 $1.00 $1.50

Budgeted and actual fixed corporate-sustaining costs are $1,850 and $2,300, respectively.

24) What is the actual contribution margin for the month?

A) $9,680

B) $9,350

C) $10,560

D) $9,900

Please include the formula and details for how you calculated the answer.