Selling price per unit (package of 2 CDs)......................................	$24.00
Variable costs per unit:
Direct material...............................................................................................................	$5.50
Direct labor......................................................................................................................	$4.50
Artist's royalties..............................................................................................................	$4.00
Manufacturing overhead..........................................................................................	$3.00
Selling expenses............................................................................................................	$1.10
Total variable costs per unit............................................................	$18.10
Annual fixed costs:
Manufacturing overhead..........................................................................................	$186,000
Selling and administrative.......................................................................................	$260,000
Total fixed costs................................................................................	$446,000
Forecasted annual sales volume (120,000 units).........................	$2,880,000

What is ABC Inc.'s contribution margin (CM)?