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 contribution margin for july is:

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase