Assume the following information for a merchandising company. Number of units sold 20,000 Selling price per unit $ 30 Variable selling expense per unit $ 3 Variable administrative expense per unit $ 2 Fixed administrative expenses $ 50,000 Beginning merchandise inventory $ 24,000 Ending merchandise inventory Merchandise purchases $ 19,000 $ 340,000 What is the contribution margin? Multiple Choice C $155,000 $265,000 $255,000