Accurate Metal Company Sold 32,000 Units of Its Product at a Price

Multiple Choice

Accurate Metal Company sold 32,000 units of its product at a price of $250 per unit.Total variable cost per unit is $150,consisting of $145 in variable production cost and $5 in variable selling and administrative cost.Compute the manufacturing margin for the company under variable costing.

A) $8,000,000
B) $4,960,000
C) $4,800,000
D) $3,360,000
E) $3,200,000