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Travis Company reports the following for its single product. Travis produced and sold 23,000 units this year. Direct materials $ 33 per unit Direct labor

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Travis Company reports the following for its single product. Travis produced and sold 23,000 units this year. Direct materials $ 33 per unit Direct labor $ 39 per unit Variable overhead $ 12 per unit Fixed overhead $ 123,000 per year Variable selling and administrative expenses $ 7 per unit Fixed selling and administrative expenses $ 198,600 per year Sales price $ 183 per unit Compute contribution margin for the company under variable costing. Multiple Choice $2,116,000 $2,116,000 $2,277,000 $4,209,000 O $2.377.000 $2178,400

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