Calip Corporation, a merchandising company, reported the following results for oltober Sales Cost of goods sold (all variable) Total variable selling expense Total fixed selling expense Total variable administrative expense Total fixed administrative expense $416,800 $176,100 $17,800 $ 14,900 $8,300 $30,800 The gross margin for October is: O $168,900 O $371100 O $240700 O $214,600 References