5. The Menlo Corporation, a merchandising company, reporte4d the following results for July: Sales S402,800 COGS (all variable) $169,100 Variable Selling expense $ 17,100 Total Fixed Selling Expense S 14,200 Total Variable Admin. Exp. $ 7,600 Total Fixed Admin. Expense $ 30,000 The contribution margin for July is: a. $164,700 b. $333,800 c. $209,000 d. $233,700 Problems 1. (5 Points) The Bohlen Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selling Price Varble Contribution marie SE Fixed expenses are $716,000 per month and currently sales are 6,000 per month. The Marketing Manager believes that a $20,000 increase in the monthly advertising budget would result in a 180-unit increase in monthly sales. What would be the overall effect on the company's monthly net operating income should change be implemented? change? Ans: 5. The Menlo Corporation, a merchandising company, reported the following results for July: Sales $402,800 COGS (all variable) $169,100 Variable Selling expense $ 17,100 Total Fixed Selling Expense $ 14,200 Total Variable Admin. Exp. $ 7,600 Total Fixed Admin. Expense $ 30,000 The contribution margin for July is: a. $164,700 b. $333,800 c. $209,000 d. $233,700