Boersma Sales, Inc., a merchandising company, reported sales of 7,100 units in September at a selling price of $682 per unit. Cost of goods sold, which is a variable cost, was $317 per unit. Variable selling expenses were $44 per unit and variable administrative expenses were $22 per unit. The total fixed selling expenses were $157,200 and the total administrative expenses were $338,000.The gross margin for September was:
A. $4,347,000
B. $1,627,700
C. $2,591,500
D. $2,122,900
Answer: C
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Which of the following pricing strategies is subject to government regulation?
A. Penetration pricing B. Status quo pricing C. Price skimming D. Price fixing
Explain the different types of planning for the different levels of management. Include the typical time frame for which each plan is created.
What will be an ideal response?
All general partners have an equal right to participate in the management of the general partnership business unless otherwise specified in the general partnership agreement
Indicate whether the statement is true or false
An employer cannot request a consumer report on a potential employee without that person's permission
a. True b. False Indicate whether the statement is true or false