COTB MC Qu. 1-58 (Algo) Assume the following information for a... Assume the following information for a merchandising company: Number of units sold Selling price per unit Variable selling expense per unit Fixed administrative expenses Variable administrative expense per unit $ 50,000 20,000 $ 30 $ 4.0 $ 3.0 Beginning merchandise inventory $ 24,000 Ending merchandise inventory Merchandise purchases $ 19,000 $ 340,000 What is the contribution margin? Multiple Choice $265,000 $245,000 < Prev 10 of 15 MacBook Air Next > Help Seve & St Submit 100%