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12) The cost of direct materials cost is classified as a: Period cost Yes No Yes No Product cost A) B) C) D) Yes No

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12) The cost of direct materials cost is classified as a: Period cost Yes No Yes No Product cost A) B) C) D) Yes No . No Yes A) Option A B) Option B C) Option C D) Option D Use the information below for questions 13) and 14): Bolka Corporation, a merchandising company, reported the following results for October Sales Cost of goods sold (all variable) Total variable selling expense Total fixed selling expense Total variable administrative expense Total fixed administrative expense $ 4,096,400 S 2,194,500 S 238,700 S 144,700 238,700 s 282,900 13) The gross margin for October is A) $1 ,424,500 B) $996,900 C) $1,901,900 D) $3,668,800 14) The contribution margin for October is: A) $3,191,400 B) $1,901,900 C) $996,900 D) $1,424,500

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