Phorty Company had the following information for the quarter ended September 30, 2020:

Units manufactured	2,000
Units sold	1,900
Selling price per unit	$300
Fixed manufacturing costs	$100,000
Variable manufacturing costs (per unit):
Direct materials	$50
Direct labor	$80
Variable overhead	$40
Fixed selling expenses	$20,000
Variable selling expenses (per unit)	$10

NOTE: All answers must be in the format: $ddd,ddd ($222,222)

Under absorption costing, the gross profit (gross margin) for the quarter ended September 30, 2020 was:

Under absorption costing, the operating profit for the quarter ended September 30, 2020 was:

Under variable costing, the contribution margin for the quarter ended September 30, 2020 was:

Under variable costing, the operating profit for the quarter ended September 30, 2020 was:

Under variable costing, the ending inventory at September 30, 2020 was: