Wyoming Company Provided the Following Information Regarding Its Only Product--Skateboards

Multiple Choice

Wyoming Company provided the following information regarding its only product--skateboards. $\begin{array}{lr}\text { Direct materials used } & \$ 270,000 \\\text { Direct labor } & 180,000 \\\text { Fixed overhead } & 130,000 \\\text { Fixed selling and administrative costs } & 150,000 \\\text { Variable overhead } & 120,000 \\\text { Variable selling and administrative } & 60,000 \\\text { Selling unit price } & 99\\\text { Units produced and sold }&30,000\end{array}$ _____ is the difference in total product cost between the absorption approach and the contribution approach.

A) $130,000
B) $150,000
C) $120,000
D) None of these answers is correct