Question 23 2 pts Exhibit 5-7 Last month, Ellison Industries sold its product for $100 per unit. Fixed production costs were $50,000, and variable production costs amounted to $21 per unit. Fixed selling and administrative costs totaled $20,000, and variable selling and administrative costs amount to $3.00 per unit. Dawson produced and sold 6,000 units last month. Refer to Exhibit 5-7. Using a traditional income statement, which of the following amounts is the gross margin? $424,000 $474,000 $456,000 $386,000 None of the answer choices is correct