The accounting records for Grant Manufacturing Company included the following cost information relating to its first year of operations: Assume the company produced 10,000 units of inventory and sold 6,900 of these units during the year for $116,610. Under.variable costing. what is the contribution margin for the year? (lgnore selling and administrative expenses:) Multiple Choice $56.095 $5:500. $96,500 Nione of these onwwen are cortect: The following balance sheet information is provided for Apex Company for Year 2 : Multiple Choice $23,400 $20,800 $30.410 $7,500