Red and White Company reported the following monthly data:

Units produced	2,000 units
Sales price	$25 per unit
Direct materials	$1 per unit
Direct labor	$2 per unit
Variable overhead	$3 per unit
Fixed overhead	$8,000 in total

What is Red and White's contribution margin for this month if 980 units were sold ?

a. $38,000

b. $18,620

c. $24,500

d. $50,000

e. $21,560