TB MC Qu. 1-271 (Static) Salomon Marketing, Incorporated a merchandising company...

Salomon Marketing, Incorporated 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 $96,900; 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 contribution margin for December is:

Multiple Choice

• $530,400

• $227,700

• $1,252,800

• $362,100