Bee Company is a honey wholesaler. An income statement and other data for the second quarter of the year are given below: Bee Company Income Statement For the Quarter Ended June 30 Sales. $960,000 420,000 Cost of goods sold Gross margin 540,000 Selling and administrative expenses: $200,000 Selling Administrative Net operating income 75,000 275,000 Other data: Average selling price Selling expenses Administrative expense $60 per unit Fixed selling expenses plus 8% of sales Fixed administrative expenses plus $2 per unit Bee Company's contribution margin for the second quarter is: Order