Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
zitze zitze
wrote...
Go to Answer
Posts: 127
Rep: 0 0
A year ago

Salomon Marketing, Incorporated a merchandising company, reported sales of $1,555,500 and cost of goods sold of $1,025,100 for December. The company's total variable selling expense was $96,900; its total fixed selling expense was $34,300; its total variable administrative expense was $71,400; and its total fixed administrative expense was $100,100. The cost of goods sold in this company is a variable cost.

The gross margin for December is:



▸ $530,400

▸ $227,700

▸ $362,100

▸ $1,421,100
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 70 times
1 Reply
Replies
Answer verified by a subject expert
jewelzzPjewelzzP
wrote...
#1
Posts: 131
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

zitze Author
wrote...

A year ago
This helped my grade so much Perfect
DaiwalkerX
wrote...

Yesterday
Brilliant ツ
mikeh209
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1161 People Browsing
 106 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 157
  
 60
  
 239
Your Opinion
How often do you eat-out per week?
Votes: 79
Previous poll results: Where do you get your textbooks?