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Bernard Corporation gathered the following information for the year just ended:

Fixed costs:  
Manufacturing $120,000
Marketing 42,000
Administrative 22,000
Variable costs:  
Manufacturing $80,000
Marketing 22,000
Administrative 38,000

During the year, Bernard produced and sold 50,000 units of product at a selling price of $9.00 per unit. There was no beginning inventory of product at the start of the year.What is the contribution margin for the year?

A. $266,000

B. $126,000

C. $310,000

D. $450,000

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