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Schrute Farm Sales buys portable generators for $490 and sells them for $ $750 . He pays a sales commission of5% of sales revenue to

Schrute Farm Sales buys portable generators for $490 and sells them for $ $750. He pays a sales commission of5% of sales revenue to his sales staff. Mr. Schrute pays $2,000 a month rent for hisstore, and also pays $ $2,200 a month to his staff in addition to the commissions. Mr. Schrute sold 700 generators in June. If Mr. Schrute prepares a contribution margin income statement for the month ofJune, what would be his contributionmargin?

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