Spring 2020 6 Saved Help Save & Exit Atlantic Marketing, Inc., a merchandising company, reported sales of $1,555,500 and cost of goods sold of $1,025,100 for December. The company's total variable selling expense was 596,900, its total fixed selling expense was $34,300, its total variable administrative expense was $71.400, and its total fixed administrative expense was $100,100. The cost of goods sold in this company is a variable cost. The gross margin for December is: Multiple Choice $530,400 $227700 5362100 here to search Spring 2020 6 Saved Help Save & Exit Atlantic Marketing, Inc., a merchandising company, reported sales of $1,555,500 and cost of goods sold of $1,025,100 for December. The company's total variable selling expense was 596,900, its total fixed selling expense was $34,300, its total variable administrative expense was $71.400, and its total fixed administrative expense was $100,100. The cost of goods sold in this company is a variable cost. The gross margin for December is: Multiple Choice $530,400 $227700 5362100 here to search