(Answered) Question - the following information for zippy company

Accounting

Question - The following information for Zippy Company is:

Sales $1,000,000

Variable Selling Expense 23,000

Fixed Selling Expenses 33,000

Variable Administrative Expenses 39,000

Fixed Administrative Expenses 10,000

Variable Cost of Goods Sold 300,000

Fixed Cost of Goods Sold 100,000

What is the gross margin for this company?

A.) $578,000

B.) $600,000

C.) $548,000

D.) $500,000

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