The following information is available for forever fragrance company's southern territory by salesperson: garcia jones total sales $30,000 $40,000 $70,000 variable cost of goods sold 3,600 4,800 8,400 variable selling expenses: promotion costs 5,000 8,000 13,000 sales commissions 4,500 6,000 10,500 what is the contribution margin for jones? a. $21,200 b. $35,200 c. $40,000 d. $27,200

a. Contribution Margin = $21,200

Explanation:

Contribution margin = Sales Value - Variable Expenses

Here it is provided that

Sales for Jones = $40,000

Less: Variable Expenses

Cost of goods sols = ($4,800)

Variable Promotion costs = ($8,000)

Variable Sales Commission = ($6,000)

Net Variable Expenses = ($18,800)

Contribution Margin = $40,000 - $18,800 = $21,200

answer; the above statement/question is ( true);

the correct answer is d. wealthy colonists to take care of the less fortunate. hope this