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Question 20 4.7 pts Calloway Corp., which began business at the start of the current year, had the following data: Planned and actual production 40,000

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Question 20 4.7 pts Calloway Corp., which began business at the start of the current year, had the following data: Planned and actual production 40,000 units Sales 38,000 units at $15 per unit Variable production costs (DM, DL, VMO/H) $5 per unit Fixed production (manufacturing) overhead $260,000 Variable selling & administrative costs $1 per unit Fixed selling & administrative costs $32,000 The contribution margin that the company would disclose on a variable-costing income statement is: O $133,000 O $342.000 $120,000 $0 $330,000

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