In February, a new company incurred the following total costs for the production of 10,000 units during its first month of operations: Variable Fixed

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In February, a new company incurred the following total costs for the production of 10,000 units during its first month of operations: Variable Fixed $500,000 $350,000 Manufacturing Overhead $250,000 $550,000 Administrative Expenses $275,000 Direct Materials Direct Labor The company sold 9,000 units at a selling price of $250 per unit. These units incurred variable selling costs of $12 per unit and total fixed selling costs of $100,000. What is the contribution margin?