A manufacturing company that produces a single product has p…
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $88 Units produced 5,200 Units sold 4,900 Variable costs per unit: Direct materials $12 Direct labor $23 Variable manufacturing overhead $7 Variable selling and administrative expense $5 Fixed costs: Fixed manufacturing overhead $161,200 Fixed selling and administrative expense $63,700 The total contribution margin for the month under variable costing is (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):