Grey's Furniture manufactures and sells a side table for $97.50 per unit. 2,000 units were produced and 1,750 units were sold during the first month of operation. Actual and budgeted fixed costs are the same for the month. Other information for the month includes: Variable manufacturing $22.10 per unit costs Variable marketing $3.90 per unit costs Fixed manufacturing $13.00 per unit costs Administrative expenses, $19.50 per unit all fixed Ending inventories: Direct materials -0- WIP -O- Finished goods 250 units What is the contribution margin using variable costing? $125,125 $126,425 $135,625 $118,625