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The following income statement is provided for Ramirez Company for the...

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Accounting

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The following income statement is provided for Ramirez Company for the current year: Sales revenue (3,300 units X $20.80 per unit) $ 68,640 Cost of goods sold (variable; 3,300 units * $8.80 per unit) (29,040) Cost of goods sold (fixed) (4,800) Gross margin 34,800 Administrative salaries (6,800) Depreciation (4,800) Supplies (3,300 units X $ 2.80 per (9,240) $ 13,960 Net income What amount was the company's contribution marg Multiple Choice 0 $30,360 $13,960

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