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Wright Inc. produces lawn equipment. During its first year of operations, Wright Inc. produced 2 5 , 0 0 0 units and sold 2 0

Wright Inc. produces lawn equipment. During its first year of operations, Wright Inc. produced 25,000 units and sold 20,000 units. The selling price was $25, the variable manufacturing costs (including direct material, direct labor and variable manufacturing overhead) were $15 per unit, variable selling expenses were $1 per unit, fixed manufacturing costs were $60,000, and fixed administrative expenses were $80,000.Total contribution margin under variable costing would be:$120,000 $180,000$485,000 $225,000

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