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Calip Corporation, a merchandising company, reported the following results for October: Sales $433,000 Inventory costs $173,000 Total variable selling costs $18,000 Total fixed selling costs

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Calip Corporation, a merchandising company, reported the following results for October: Sales $433,000 Inventory costs $173,000 Total variable selling costs $18,000 Total fixed selling costs $9,900 Total variable administrative costs $10,000 Total fixed administrative costs $25,600 The contribution margin for October is: $260,000 $196,500 $232,000 $369,500

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