In response to rising inflation, the federal reserve may sell government securities in open market operations in order to:

a. increase the money supply and encourage economic growth
b. decrease the money supply and encourage people to save in difficult times
c. give consumers more money to open their own businesses
d. force the banks to stop giving out loans in an uncertain economy

Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is: