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Calip Corporation, a merchandising company, reported the following results for October: Sales $433,000 Cost of goods sold (all variable) $176,100 Total variable selling expense $26,700
Calip Corporation, a merchandising company, reported the following results for October: Sales $433,000 Cost of goods sold (all variable) $176,100 Total variable selling expense $26,700 Total fixed selling expense $19,700 Total variable administrative expense $8,700 Total fixed administrative expense $37,300 The contribution margin for October is: $376,000 $164,500 $256,900 $221,500
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