Janzen Company budget for the month of January has estimated unit sales of 40,000 at a sales price of $80 per unit. Direct labour cost per unit $45, direct material per unit $8, variable overhead per unit $16 and commission of 1% of sales revenue. Fixed overhead for the month of January of $24,000. What is the total budgeted contribution margin for January?

Question 53 options:

	$416,000
	$408,000
	$424,000
	$420,000