Galino Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price. $99 Units in beginning inventory. 0 Units produced 2,900 Units sold..... 2,600 Units in ending inventory. 300 Variable costs per unit: Direct materials Direct labor. Variable manufacturing overhead. Variable selling and administrative. Fixed costs: Fixed manufacturing overhead... Fixed selling and administrative.. $27 $11 S6 $7 $104,400 $13,000 1. The total contribution margin for the month under the variable costing approach is: A. $124,800 B. $49,400 C. $20,400 D. $143,000 2. The total gross margin for the month under the absorption costing approach is: A. $49,400 B. $18,200 C. $73,400 D. $124,800 3. What is the total period cost for the month under the variable costing approach? A. $31,200 B. $104,400 C. $117,400 D. $135,600 4. What is the total period cost for the month under the absorption costing approach? A. $104,400 B. $31,200 C. $13,000 D. $135,600