Data from The William Company for 2008 is as follows: Sales $20/unit Variable cost of goods sold ??

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Data from The William Company for 2008 is as follows:
Sales $20/unit
Variable cost of goods sold ??
Fixed manufacturing overhead $92,000
Variable selling &administrative ??
Fixed selling &administrative $103,000

The company produced 148,000 units during the year and sold 120,000 units. Variable production costs and fixed costs have remained constant all year. Net income forthe year was $900,000. What was the company's contribution margin?
Answer

$2,205,000

$1,305,000

$1,003,000

$1,095,000

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