Question
Plover Corporation, a merchandising company, reported the following results for March: Sales $ 255,000 Cost of goods sold (all variable) $ 105,000 Total variable selling
Plover Corporation, a merchandising company, reported the following results for March:
Sales $ 255,000
Cost of goods sold (all variable) $ 105,000
Total variable selling expense $ 25,000
Total fixed selling expense $ 10,000
Total variable administrative expense $ 15,000
Total fixed administrative expense $ 35,000
The gross margin for March is
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Auditing Information Systems
Authors: Jack J. Champlain
2nd Edition
0471281174, 978-0471281177
