Chapter 7, Problem 7.4AP

Data Trust Incorporated, manufactures Poke Monster figures and has the following data from its operation for the year just completed.   Actual A Flexible Budget B Master Budget Units 1,540       1,240 Sales (dollars) $ 101,000   C $ 20,400 F   Variable cost E       $ 64,480 Contribution Margin   $ 1,400 U D     Fixed cost F   $ 5,080     Operating income $ 15,200         The sales volume variance in terms of operating income is:

How much is the gross profit margin??

Given answer general Accounting question