Ranger Productions experienced the following costs during the year: Direct materials $1.50 per unit Direct labor $2.60 per unit Variable manufacturing overhead $1.20 per unit Variable selling costs $4.40 per unit Fixed manufacturing overhead $84,000 Fixed selling costs $32,000 Fixed administrative costs $15,000 During the year, the company manufactured 65,000 units and sold 62,000 units. The unit cost is the same throughout the year. Beginning inventory is zero. How much will the company report as total variable product costs on its contribution income statement? $328,600 $601,400 $344,500 $630,500 to 65,000 62,000 1.048