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Joy's Corp. sells the softest gloves available on the market. The information below is compiled by the firm for the last month. Total sales revenue

Joy's Corp. sells the softest gloves available on the market. The information below is compiled by the firm for the last month.

Total sales revenue $300,000

Selling price per pair of gloves $1,000

Variable selling expense per pair of gloves $100

Variable administrative expense per pair of gloves $37

Total fixed selling expense $79,000

Total fixed administrative expense $92,000

Beginning merchandise inventory $40,000

Ending merchandise inventory $20,000

Merchandise purchases $130,000

1) What was Joy's contribution margin for each pair of gloves sold during the month?

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