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Calip Corporation, a merchandising company, reported the following results for October: Sales Cost of goods sold (till variable) Total variable selling expense Total fixed selling

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Calip Corporation, a merchandising company, reported the following results for October: Sales Cost of goods sold (till variable) Total variable selling expense Total fixed selling expense Total variable administrative expense Total fixed administrative expense $433,000 $200,000 $10,000 $9.900 $5,000 $25,600 The contribution margin for October is: 260,000 O 196,500 369,500 218,000

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