Fiene Sales, Inc

Multiple Choice

Fiene Sales, Inc., a merchandising company, reported sales of 2,200 units in June at a selling price of $600 per unit. Cost of goods sold, which is a variable cost, was $364 per unit. Variable selling expenses were $23 per unit and variable administrative expenses were $33 per unit. The total fixed selling expenses were $30,500 and the total administrative expenses were $55,300.
-The contribution margin for June was:

A) $1,111,000
B) $396,000
C) $310,200
D) $519,200