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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
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$236,100
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$154,500
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$206,000
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$204,000
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