managerial accounting question a

Nikkel Corporation, a merchandising company, reported the following results for July:

Sales	$406,000
Cost of goods sold (all variable)	$175,800
Total variable selling expense	$  25,200
Total fixed selling expense	$  16,100
Total variable administrative expense	$  12,700
Total fixed administrative expense	$  33,000

The gross margin for July is:

	$192,300
	$143,200
	$356,900
	$230,200

Gross margin = Total sales - Cost of goods sold
= $406,000 - $175,800
= $230,200