Potter and Weasley Co, produces and sells designer cloaks. It has provided the following data concerning its most recent month of operations: Selling Price $126

Units in Beginning Inventory Units Produced- 8,700 Units Sold - 8,400 Units in Ending Inventory- 300

Variable Costs per Unit Direct Materials $30 Direct Labor $38

Variable Manufacturing Overhead $3 Variable Selling and Administrative $17

Fixed Costs: Fixed Manufacturing Overhead $147,900 Fixed Selling and Administrative $223,800

The total contribution margin for the month under the variable costing approach is:

226,800

162,600

378,000

319,200