Selling price $89

Units in beginning inventory 0

Unit Produced 4300

Units Sold 4000

Units in ending inventory 300

Variable costs per unit

Direct material $13

Direct Labor $35

Variable manufacturing overhead $1

Variable selling and administrative $10

Fixed Cost

Fixed manufacturing overhead $77,400

Fixed selling and administrative $24,000

A manufacturing company that produces a single product has provided the data shown concerning its most recent month of operations. What's the total contribution margin for the month under variable costing? A. $88,000 B. $120,000 C. $42,600 D. $160,000