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Solo Company is a small merchandising firm. During the next month, the company expects to sell 500 units. The company has the following revenue and

image text in transcribedSolo Company is a small merchandising firm. During the next month, the company expects to sell 500 units. The company has the following revenue and cost structure:

The expected gross margin next month is:

Select one:

a.

$13,500

b.

$ 7,500

c.

$22,500

d.

$ 5,500

Selling price per unit $60 Cost permit $15 Sales Commission perimit 36 Advertising Espense 5000 per month Administrative Expense 3000 per month phas $12 per unit

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