Sales for a retail store were $250,000. Net Operating Income totaled $30,000 and cost of goods sold was $110,000. If the contribution margin was $100,000.
What would the total variable selling and administrative costs have been?© BrainMass Inc. brainmass.com June 3, 2020, 10:02 pm ad1c9bdddf
Sales - Total variable cost = Contribution Margin
Total variable ...
The solution explains how to calculate the total variable selling and administrative costs