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LUUU D) $56,000 4. Fanelli Corporation, a merchandising company, reported the following results for July: Number of units sold 5,300 Selling price per unit $590

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LUUU D) $56,000 4. Fanelli Corporation, a merchandising company, reported the following results for July: Number of units sold 5,300 Selling price per unit $590 Unit cost of goods sold $403 Variable selling expense per unit $58 Total fixed selling expense $124,400 Variable administrative expense per unit $22 Total fixed administrative expense $206,300 Cost of goods sold is a variable cost in this company. Required: What is the contribution margin for Fanelli Corporation. Show work OSW DELL % * 7 SOOOOO TOP O

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