Last year, Als Wooden Turnings made custom cabinet units: AWT sold its products for $3,000 per unit. Fixed production costs were $3,500, and variable production costs amounted to $1,450 per unit. Fixed selling and administrative costs totaled $50,000, and variable selling and administrative costs amounted to $210 per unit. AWT produced and sold 400 units last year. From the above information, create a contribution margin income statement and use it to answer the following question: What is AWTs contribution margin, total fixed costs and operating profit? Select one:

a. Contribution Margin = $620,000, Total Fixed Costs = $50,000, and Operating Profit = $486,000

b. Contribution Margin = $536,000, Total Fixed Costs = $50,000, and Operating Profit = $486,000 Incorrect

c. Contribution Margin = $536,000, Total Fixed Costs = $53,500, and Operating Profit = $482,500

d. Contribution Margin = $620,000, Total Fixed Costs = $53,500, and Operating Profit = $566,500