QUESTION 1 $2.50 10.50 Figure 4-3: Wadsworth Company makes bass lures. Information on cost per unit is as follows: Direct materials Direct labor 1.20 Variable overhead Fixed overhead 1.00 Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000. The price per lure is $10.Expected sales are 500 Units. What is the total contribution margin expected? $3,500 $1,000 $5.40 $6.00 $2,900