Metro Company reports the following information for March:

Net Sales Revenue	$68,180
Variable Cost of Goods Sold	14,360
Fixed Cost of Goods Sold	12,800
Variable Selling and Administrative Costs	16,000
Fixed Selling and Administrative Costs	4,600

Requirements:

1. Calculate the gross profit and operating income for March using absorption costing.

2. Calculate the contribution margin and operating income for March using variable costing.