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Nikkel Corporation, a merchandising company, reported the following results for July: Sales Cost of goods sold (all variable) Total variable selling expense Total fixed selling expense $527,000 $185,300 $20,400 $22,200 Total variable administrative expense $14,800 Total fixed administrative expense The gross margin for July is $39,700

Nikkel Corporation, a merchandising company, reported the following results for July: Sales Cost of goods sold (all variable) Total variable selling expense Total fixed selling expense $527,000 $185,300 $20,400 $22,200 Total variable administrative expense $14,800 Total fixed administrative expense The gross margin for July is $39,700

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 8EA: Using the information in the previous exercises about Marleys Manufacturing, determine the operating...
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Nikkel Corporation, a merchandising company, reported the following results for July: Sales Cost of goods sold (all variable) Total variable selling expense Total fixed selling expense $527,000 $185,300 $20,400 $22,200 Total variable administrative expense $14,800 Total fixed administrative expense The gross margin for July is $39,700
Transcribed Image Text:Nikkel Corporation, a merchandising company, reported the following results for July: Sales Cost of goods sold (all variable) Total variable selling expense Total fixed selling expense $527,000 $185,300 $20,400 $22,200 Total variable administrative expense $14,800 Total fixed administrative expense The gross margin for July is $39,700
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