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zitze zitze
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2 months 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


Edition: 9th
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jewelzzPjewelzzP
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2 months ago
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$530,400

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zitze Author
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2 months ago
Good timing, thanks!
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
Smart ... Thanks!
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