Getchman Marketing, Inc

question 67

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

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Definitions:

Language Function

The purpose served by spoken or written communication, including informing, persuading, questioning, or socializing.

Simultaneously Monitor

To observe or check multiple inputs, conditions, or systems at the same time, often requiring divided attention or multitasking capability.

Dual Processing

The principle that information is often simultaneously processed on separate conscious and unconscious tracks.

Shape

The external form, contour, or structure of an object, defined by its outline or surface configuration.