Solved

International Imports Is a Merchandising Firm

Question 33

Multiple Choice

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


A) $209,095.
B) $613,795.
C) $559,835.
D) $215,840.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions