Chance,Inc.sold 3,000 units of its product at a price of $72 per unit.Total variable cost per unit is $51,consisting of $32 in variable production cost and $19 in variable selling and administrative cost.Compute the manufacturing margin for the company under variable costing.

A) $96,000
B) $63,000
C) $120,000
D) $216,000
E) ($90,000)

Manufacturing Margin

The difference between the sales revenue generated by manufactured goods and the cost of producing those goods, indicating profitability.

Variable Costing

A pricing technique that incorporates solely the variable costs of production—such as raw materials, direct labor, and variable overhead expenses—into the per-unit cost of products.