Latinovich Company has no beginning and ending inventories, and reports the following data

about its only product:

Direct materials used $$200,000$

Direct labor $$80,000$

Fixed indirect manufacturing $$180,000$

Fixed selling and administrative $$150,000$

Variable indirect manufacturing $$130,000$

Variable selling and administrative $$160,000$

Selling price$($per unit$)$ $$150$

Units produced and sold $10,000$

Latinovich Company uses the contribution approach to prepare the income statement. What is

the contribution margin?

$$930,000$