Mon Inc. is a large retailer of shoes. An income statement for the company's most recent quarter for their top selling brand is presented below:

Sales $200,000

Less cost of goods sold 132,000

Gross margin 68,000

Less operating expenses:

Selling expenses $24,000

Administrative expenses 18,000 18,000

Net income $50,000

The shoes sell, on average, for $20 each. The company's variable selling expenses are $.24 per pair of shoes sold.

The remaining selling expenses are fixed. The administrative expenses are 26% variable and 74% fixed.

The company purchases its shoes from a supplier at a cost of $13.20 per pair of shoes.

Required:

Using the contribution margin approach answer the following (NO COMMAS, NO $, NO decimal places):

What is the variable portion amount of selling expenses?

What is the variable portion amount of administrative expenses?

What is the contribution margin amount?