E F 3 B D 1 Consider the following information for Richardson Company for the prior year: 2 - The company produced 2,450 units and sold 2,350 units, both as budgeted. - There were no beginning or ending work-in-process inventories and no beginning finished goods inventory. 4 5 Budgeted and actual fixed costs were equal, all variable manufacturing costs were affected by production 6 volume only, and all variable selling costs were affected by sales volume only. 7 Budgeted per unit revenues and costs were as follows: 8 9 Per unit 10 Sales price $75 11 Direct materials 9 12 Direct labor 24 13 Other variable manufacturing costs 11 14 Fixed selling costs 6 15 Variable selling costs 16 16 Fixed manufacturing costs 6 17 Fixed administrative costs 1 18 19 20 The contribution margin earned by Richardson for the prior year was Answer: 22 23 24 25 21