2.Question 5 pts Sees Corp., a merchandising company, reported the following results for July. Cost of Goods Sold 276,213 Fixed selling and administrative expense 55,665 nly Do Sales Revenue 541,967 dollar sign sign or the calc Variable selling and administrative expense 56,728 This question is independent of all other questions. Please use only the information in this question to calculate the answer. Based on the information provided above, calculate the Contribution Margin for July. Cost of Goods Sold is a variable cost in this company. Enter only the amount of the Contribution Margin in the box provided below. Enter the amount only. Do not enter letters, words, or the calculation. Variable setting and administrative expense

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 56P: The following selected information is taken from the financial statements of Arnn Company for its...
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2.Question 5 pts
Sees Corp., a merchandising company, reported the following
results for July.
Cost of Goods Sold 276,213
Fixed selling and administrative expense 55,665
Sales Revenue 541,967 ar sign or the calculat
Variable selling and administrative expense 56,728
This question is independent of all other questions. Please use
only the information in this question to calculate the answer.
Based on the information provided above, calculate the
Contribution Margin for July. Cost of Goods Sold is a
variable cost in this company. Enter only the amount of the
Contribution Margin in the box provided below. Enter the
amount only. Do not enter letters, words, or the calculation.
ministrativ
THHE ning A
or gaitas vd s
on il grinismoy sal
10 nudi zaol at
zinvonis visas
worla of 313 Loy 15
of gollesio 30
enoilointantis wel
Transcribed Image Text:2.Question 5 pts Sees Corp., a merchandising company, reported the following results for July. Cost of Goods Sold 276,213 Fixed selling and administrative expense 55,665 Sales Revenue 541,967 ar sign or the calculat Variable selling and administrative expense 56,728 This question is independent of all other questions. Please use only the information in this question to calculate the answer. Based on the information provided above, calculate the Contribution Margin for July. Cost of Goods Sold is a variable cost in this company. Enter only the amount of the Contribution Margin in the box provided below. Enter the amount only. Do not enter letters, words, or the calculation. ministrativ THHE ning A or gaitas vd s on il grinismoy sal 10 nudi zaol at zinvonis visas worla of 313 Loy 15 of gollesio 30 enoilointantis wel
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