This answer for Gross Margin . What the answer if we need to know the contribution margin?

46. Calip Corporation, a merchandising company, reported the following results for October: Sales $ 433,000 Cost of goods sold (all variable) $ 173,000 Total variable selling expense $ 18,000 Total fixed selling expense $ 9,900 Total variable administrative expense $ 10,000 Total fixed administrative expense 25,600 The gross margin for October is: A. $397,500 B $196,500 C. $232,000 D. $260,000