International Imports is a merchandising Firm. Last year they reported sales of $674,500 and cost of goods sold of $404,700. The company's total variable selling and administrative expense was $60,705, and fixed selling and administrative expense was $53,960. The total contribution margin for the firm is:

• $209,095
• $613,795
• $559,835
• $215,840

Answer rating: 100% (QA)

A 1 Particulars Amount 2 Sales 6... View the full answer