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Acme Inc. is a merchandise reseller that provided the following information: $ Amount Number of units sold 13,000 Selling price per unit $ 18 Variable

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Acme Inc. is a merchandise reseller that provided the following information: $ Amount Number of units sold 13,000 Selling price per unit $ 18 Variable selling expense per unit 2 Variable administrative expense per unit $ 2 Total fixed selling expense $ 20,000 Total fixed administrative expense $ 13,000 Beginning merchandise inventory $ 9,000 Ending merchandise inventory $ 26,000 Merchandise purchases $ 88,000 What is the company's gross margin for the period? Multiple Choice $71,000 O $215,000 O $196,000 $163,000

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