Reliance Corporation sold 5,500 units of its product at a price of $30 per unit. Total variable cost per unit is $16.00, consisting of $15.20 in variable production cost and $0.80 in variable selling and administrative cost. Compute the contribution margin for the company Rellance Corporation sold 5,500 units of its product at a price of $30 per unit. Total variable cost per unit is $16.00, consisting of $15.20 in variable production cost and $0.80 in variable selling and administrative cost. Compute the contribution margin for the company. Multiple Choice Multiple Choice O $77,000 $88,000 $165,000 $83,600 $92,400