COST AND MANAGERIAL ACCOUNTING Rendell Company produced and sold 75,000 units of a product at a sale price of $6.50 per unit. The following information is gathered for the year ended December 31, 2019: 0 Fixed Costs: Manufacturing Marketing Administrative Variable costs: Manufacturing Marketing Administrative $165,000 $52,000 $24,000 $113,000 $39,000 $48,000 The contribution margin and gross margin are respectively Select one: O a. $122,500 and $209,500 b. $324,500 and $287.500 O c. $209,500 and $324,500 d. $287,500 and $209,500 COST AND MANAGERIAL ACCOUNTING Rendell Company produced and sold 75,000 units of a product at a sale price of $6.50 per unit. The following information is gathered for the year ended December 31, 2019: 0 Fixed Costs: Manufacturing Marketing Administrative Variable costs: Manufacturing Marketing Administrative $165,000 $52,000 $24,000 $113,000 $39,000 $48,000 The contribution margin and gross margin are respectively Select one: O a. $122,500 and $209,500 b. $324,500 and $287.500 O c. $209,500 and $324,500 d. $287,500 and $209,500