Business, 13.11.2019 04:31, mrflexington77

Stanley's bicycles store buys bicycles on average for $600 and sells them on average for $750. he pays a sales commission of 15% of sales revenue to his sales staff. stanley pays $1900 a month rent for his store, and also pays $5000 a month to his staff in addition to the commissions. stanley sold 110 bicycles in june. if stanley prepares a contribution margin income statement for the month of june, what would be his contribution margin?

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Stanley's bicycles store buys bicycles on average for $600 and sells them on average for $750. he pa...