On average, a book sells for $70. Variable selling expenses are $5 per book with the remaining selling expenses being fixed. The variable administrative expenses are 3% of sales with the remainder being fixed. The contribution margin for Iyekqv603 Corp. for the first quarter is:

$287,700

Explanation:

• Please note that this is an incomplete question. However, the needed parts were gotten from the internet.

Sales = $910,000

Cost of goods sold = $530,000

Contribution margin = sales - cost of goods sold - variable selling expenses - variable administrative expenses

Number of books sold = Sales reported / Average selling price per book

= $910,000 / $70

= 13,000 books

Total variable selling expenses = Number of books sold × selling expenses per unit

= 13,000 × $5

= $65,000

Total variable administrative expenses = reported sales × variable adm. as a % of sales

= $910,000 × 3%

= $27,300

Contribution margin = $910,000 - $530,000 - $65,000 - $27,300

= $287,700

hi noah!

the first time you break a rule, you get a warning.

if you continue to break rules you get kicked out for a certain amount of time.

so, to answer your question 1.

hope this buddy!

- courtney

i believe it’s b because the rest don’t make sense