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Bolka Corporation, a merchandising company, reported the following results for October: Sales $ 4,096,400 Cost of goods sold (all variable) $ 2,194,500 Total variable selling
Bolka Corporation, a merchandising company, reported the following results for October: Sales $ 4,096,400 Cost of goods sold (all variable) $ 2,194,500 Total variable selling expense $ 238,700 Total fixed selling expense $ 144,700 Total variable administrative expense $ 238,700 Total fixed administrative expense $ 282,900 The gross margin for October is:
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