Use the Information Below to Answer the Following Question(s)

Use the information below to answer the following question(s) .

During the year, Cornell produced and sold 60,000 units of product at a sale price of $8.00 per unit. There was no beginning inventory of product at the start of the year.
-What is the contribution margin for the year at Cornell Corporation?

A) $92,000
B) $282,000
C) $480,000
D) $290,000