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TB MC Qu. 02-165 Calip Corporation, a merchandising... Calip Corporation, a merchandising company, reported the following results for October: Sales $ 410,800 Cost of goods
TB MC Qu. 02-165 Calip Corporation, a merchandising...
Calip Corporation, a merchandising company, reported the following results for October:
Sales $ 410,800 Cost of goods sold (all variable) $ 173,100 Total variable selling expense $ 17,500 Total fixed selling expense $ 14,600 Total variable administrative expense $ 8,000 Total fixed administrative expense $ 30,500
The gross margin for October is:
$365,700
$212,200
$237,700
$167,100
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