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Gross margin and Contribution margin [The following information applies to the questions displayed below.] Holzhauer Corporation, a merchandising company, reported the following results for March:

Gross margin and Contribution margin

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[The following information applies to the questions displayed below.] Holzhauer Corporation, a merchandising company, reported the following results for March: Cost of goods sold is a variable cost in this company. The gross margin for March is: $922.600 $1.120.000 $2.202.600 $1.360.000 The contribution margin for March is: $922.600 $1.120.000 $1.962.600 $1.360.000

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