Delongis Corporation, a merchandising company, reported the following results for June: Number of units sold$1,200unitsSelling price per unit$221per unitUnit cost of goods sold$97per unitVariable selling expense per unit 12per unitTotal fixed selling expense$7,300 Variable administrative expense per unit$8per unitTotal fixed administrative expense$15,300 The gross margin for June is:
A. $102,200
B. $242,600
C. $148,800
D. $124,800
Answer: C
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