Evaluate the contribution margin for february

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Reference no: EM139594

Q:

The management of Gilmartin Corporation, a manufacturing company, has provided the following data for February:

Sales

$550,000

variable production expense

$104,000

Fixed production expense

$122,000

Variable selling expense

$24,000

Fixed selling expense

$102,000

Variable administrative expense

$56,000

Fixed administrative expense

$116,000

 The contribution margin for February was:

1. $366,000

2. $210,000

3. $26,000

4. $324,000

Reference no: EM139594

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