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Bolka Corporation, a merchandising company, reported the following results for October: Sales $ 410,000 Cost of goods sold (all variable) $ 173,900 Total variable selling

Bolka Corporation, a merchandising company, reported the following results for October:

Sales $ 410,000
Cost of goods sold (all variable) $ 173,900
Total variable selling expense $ 21,200
Total fixed selling expense $ 20,500
Total variable administrative expense $ 8,900
Total fixed administrative expense $ 31,000

The contribution margin for October is:

Multiple Choice

  • $236,100

  • $154,500

  • $206,000

  • $204,000

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