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The following information has been provided by the Evans Retail Stores, Inc., for the first quarter of the year: Sales $350,000 Variable Selling Expenses $35,000

The following information has been provided by the Evans Retail Stores, Inc., for the first quarter of the year:

Sales $350,000
Variable Selling Expenses $35,000
Fixed Selling Expenses $25,000
Cost of Goods Sold $160,000
Fixed Administrative Expenses $55,000
Variable Administrative Expenses $15,000

What is the contribution margin of Evans Retail Stores, Inc., (in #9 above) for the first quarter?

Question 9 options:

$140,000.

$190,000.

$210,000.

$300,000.

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