Business, 01.02.2021 21:20 Kingmoney959

Assume the following information for a merchandising company: Number of units sold 20,000
Selling price per unit $ 30
Variable selling expense per unit $ 3.7
Variable administrative expense per unit $ 2.7
Fixed administrative expenses $ 50,000
Beginning merchandise inventory $ 24,000
Ending merchandise inventory $ 19,000
Merchandise purchases $ 340,000
What is the contribution margin?

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Assume the following information for a merchandising company: Number of units sold 20,000
Se...