Salomon Marketing, Incorporated, a marketing company, reported sales of $1,555,500 and cost of sales of $1,025,100 for
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Salomon Marketing, Incorporated, a marketing company, reported sales of $1,555,500 and cost of sales of $1,025,100 for December. The company's total variable selling expense was $96,900; your total fixed selling expense was $34,300; its total variable administrative expense was $71,400; and his 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:
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
Posted Date: