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  
rosenrot rosenrot
wrote...
Go to Answer
Posts: 158
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 contribution margin for December is:



▸ $530,400

▸ $227,700

▸ $1,252,800

▸ $362,100
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 50 times
1 Reply
Replies
Answer verified by a subject expert
traumajefftraumajeff
wrote...
#1
Posts: 121
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

rosenrot Author
wrote...

A year ago
Thanks for your help!!
DragonHeart
wrote...

Yesterday
Brilliant ツ
deathDoUsPart
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  930 People Browsing
 151 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 281
  
 553
  
 590
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: How often do you eat-out per week?