Question 16 A merchandising company reported the following results for July, shown here Sales $402.800 Cost of goods sold (all variable). $169,100 Total variable selling expense $17,100 $14.200 Total fixed selling expense Total variable administrative expense Total fixed administrative expense $7.600 $30,100
Question 16 A merchandising company reported the following results for July, shown here Sales $402.800 Cost of goods sold (all variable). $169,100 Total variable selling expense $17,100 $14.200 Total fixed selling expense Total variable administrative expense Total fixed administrative expense $7.600 $30,100
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:contribution margin for July is:
1) $333,800
2) $209,000
3) $233,700
4) $164.700
The
Transcribed Image Text:Question 16
A merchandising company reported the following results for July, shown here
$402.800
$169,100
$17.100
$14.200
$7.600
$30,100
Sales
Cost of goods sold (all variable))
Total variable selling expense
Total fised selling expense
Total variable administrative expense
Total fixed administrative expense
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