Ence sales, inc., a merchandising company, reported sales of 6,400 units in april at a selling price of $684 per unit. cost of goods sold, which is a variable cost, was $455 per unit. variable selling expenses were $30 per unit and variable administrative expenses were $40 per unit. the total fixed selling expenses were $156,800 and the total administrative expenses were $260,400. the gross margin for april was: $1,465,600 $3,960,400 $1,017,600 $600,400

The partnership of douglas, ryan, and ellen has dissolved and is in the process of liquidation. on july 1, 2016, just before the second cash distribution, the assets and equities of the partnership along with profit and loss sharing ratios were as follows: cash $30,000receivable - net $20,000inventories $25,000equipment - net $30,000total assets $80,000liabilities $12,000douglas, capital (20%) $28,000ryan, capital (50%) $24,000ellen, capital (30%) $16,000total liab./equity $80,000assume that the available cash is distributed immediately, except for a $2,000 contingency fund that is withheld pending complete liquidation of the partnership. how much cash should be paid to each of the partners? a. $3,200 douglas, $8,000 ryan, $4,800 ellenb. $5,600 douglas, $14,000 ryan, $8,400 ellenc. $16,000 douglas, $0 ryan, $0 ellend. $8,000 douglas, $0 ryan, $8,000 ellen