Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
rosenrot rosenrot
wrote...
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 51 times
1 Reply
Replies
Answer verified by a subject expert
traumajefftraumajeff
wrote...
Posts: 123
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
Thank you, thank you, thank you!
wrote...

Yesterday
this is exactly what I needed
wrote...

2 hours ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  966 People Browsing
Related Images
  
 190
  
 88
  
 253