Getchman Marketing, Inc

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 gross margin for April is:

A) $287,500
B) $215,000
C) $537,600
D) $160,100