Ranger Productions Experienced the Following Costs in 2014 During 2014, the Company Manufactured 65,000 Units and Sold 62,000

Multiple Choice

Ranger Productions experienced the following costs in 2014: $$\begin{array} { l r } \text { Direct materials } & \$ 1.50 \text { per unit } \\\text { Direct labor } & \$ 2.60 \text { per unit } \\\text { Variable manufacturing overhead } & \$ 1.20 \text { per unit } \\\text { Variable selling costs } & \$ 4.40 \text { per unit } \\\text { Fixed manufacturing overhead } & \$ 84,000 \\\text { Fixed selling costs } & \$ 32,000 \\\text { Fixed administrative costs } & \$ 15,000\end{array}$$ During 2014, the company manufactured 65,000 units and sold 62,000 units. The unit cost is the same throughout the year. Beginning inventory is zero. How much will the company report as total variable product costs on its 2014 contribution income statement?

A) $328,600
B) $601,400
C) $344,500
D) $630,500