Multiple Choice
Getchman Marketing, Inc., a merchandising company, reported sales of $592,500 and cost of goods sold of $305,000 for April. The company's total variable selling expense was $37,500; its total fixed selling expense was $16,000; its total variable administrative expense was $35,000; and its total fixed administrative expense was $38,900. The cost of goods sold in this company is a variable cost.
-The contribution margin for April is:
A) $465,100
B) $287,500
C) $160,100
D) $215,000
Correct Answer:

Verified
Correct Answer:
Verified
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