Delongis Corporation, a merchandising company, reported the following results for June: Number of units sold 1,200 units Selling price per unit $ 221 per unit Unit cost of goods sold $ 97 per unit Variable selling expense per unit $ 12 per unit Total fixed selling expense $ 7,300 Variable administrative expense per unit $ 8 per unit Total fixed administrative expense $15,300 Cost of goods sold is a variable cost in this company. The gross margin for June is: Multiple Choice $242,600 Multiple Choice $242,600 $148.800 $124.800 $102.200 Delongis Corporation, a merchandising company, reported the following results for June: Number of units sold 1,200 units Selling price per unit $ 221 per unit Unit cost of goods sold $ 97 per unit Variable selling expense per unit $ 12 per unit Total fixed selling expense $ 7,300 Variable administrative expense per unit $ 8 per unit Total fixed administrative expense $15,300 Cost of goods sold is a variable cost in this company, The contribution margin for June is: Multiple Choice $148.800 Multiple Choice $148,800 $102200 5 $218,600 $124,800