document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=161307>Question 161307</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Nielsen’s fine clothing store spends 30 percent of its $380,000 wholesale clothing purchases on shirts.  The company sells 5,000 shirts per year and the average sales price per shirt is 50 dollars.<BR>\n" );
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document.write( "What is the contribution margin per shirt?  <BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #118805 by </B><A HREF=/tutors/aboutme.mpl?userid=schrammbledeggs><B>schrammbledeggs(41)</B></A><img src=\"/images/stars/stars-07.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=schrammbledeggs><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=118805\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Contribution margin is Total Sales - Total Variable Cost...\r<BR>\n" );
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document.write( "Total Sales = 5,000 shirts per year * 50 dollars a shirt<BR>\n" );
document.write( "Total Sales = $250,000\r<BR>\n" );
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document.write( "Total Variable Cost = 30% of $380,000<BR>\n" );
document.write( "Total Variable Cost = .30 * 380,000<BR>\n" );
document.write( "Total Variable Cost = $114,000\r<BR>\n" );
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document.write( "Contribution margin = $250,000 - $114,000\r<BR>\n" );
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document.write( "Contribution margin = $136,000\r<BR>\n" );
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document.write( ":) </SPAN>\n" );
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