Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead 34 per unit 60 per unit 9 per unit 15,000 per yea 500 units 1,000 units 1,500 units 34 60 9 103 34 $ 34 $ Direct materials Direct labor Variable manufacturing overhead Total unit product cost 60 60 103 $ 103 $ Abbott, Inc. has the following cost data for Product X, and unit product cost using variable costing when production is 500 units, 1,000 units, and 1,500 units EEB (Click on the icon to view the data.) Product X sells for $155 per unit. Assume no beginning inventories. Calculate the contribution margin using variable costing when Abbott: a. Produces and sells 500 units b. Produces 1,000 units and sells 500 units. c. Produces 1,500 units and sells 500 units. Click on the icon to view the unit product cost data.) Begin by selecting the labels and computing the contribution margin for scenario a. and then compute the contribution margin for scenario b. and c. Variable costing a. b. c. Contribution Margin