Steele Corporation has the following information for January, February, and March: March Units produced Units sold January 10,000 7,000 February 10,000 8,500 10,000 10,500 Production costs per unit (based on 10,000 units) are as follows: $12 8 6 Direct materials Direct labor variable factory overhead Fixed factory overhead Variable selling and admin. expenses Fixed selling and admin. expenses 4 10 4 There were no beginning inventories for January, and all units were sold for $50. Costs are stable over the three months. What is the February contribution margin for Steele Corporation using the variable costing method? Ca. 5119.000 b. $240.000 c. $170.000 d. 5204.000 Previous Next 10:14 2/23 c