Searls Corporation, a merchandising company, reported the following results for July:

Number of units sold	2,700 units
Selling price per unit	$664 per unit
Unit cost of goods sold	$405 per unit
Variable selling expense per unit	$48 per unit
Total fixed selling expense	$56,500
Variable administrative expense per unit	$13 per unit
Total fixed administrative expense	$118,200

Cost of goods sold is a variable cost in this company. The contribution margin for July is:

A) $699,300

B) $1,453,400

C) $534,600

D) $359,900