Question: I need help with this general accounting question using standard accounting techniques. Carson Retail Co., a merchandising company, reported the following results for August: Sales

I need help with this general accounting question using standard accounting techniques.

Carson Retail Co., a merchandising company, reported the following results for August: Sales = $520,000 Cost of goods sold (all variable) = $212,500 Total variable selling expense = $28,000 Total fixed selling expense = $25,000 Total variable administrative expense = $18,000 Total fixed administrative expense = $42,000 What is the gross margin for August

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