Dominque Industries, which has only one product, has provided the following data concerning the most recent month of business operations:

Selling price	$ 97
Units in beginning inventory	0
Units produced	4,600
Units sold	3,770
Units in ending inventory	830

Variable costs per unit:
Direct materials	$ 22
Direct labor	$ 37
Variable manufacturing overhead	$ 5
Variable selling and administrative expense	$ 4
Fixed costs:
Fixed manufacturing overhead	$ 54,900
Fixed selling and administrative expense	$ 3,200

The total contribution margin for the month under variable costing is:

Options:

1. $51,230
2. $124,410
3. $54,430
4. $109,330