Neon Company manufactures widgets. The following data is related to sales and production of the widgets for last year.
| Selling price per unit |
$ 130 |
| Variable manufacturing costs per unit |
$ 63 |
| Variable selling and administrative expenses per unit |
$ 5 |
| Fixed manufacturing overhead (in total) |
$ 35,000 |
| Fixed selling and administrative expenses (in total) |
$ 9,000 |
| Units produced during the year |
1,700 |
| Units sold during year |
1,400 |
Using variable costing, what is the contribution margin for last year?