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Bolka Corporation, a merchandising company, reported the following results for October: Sales Cost of...

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Accounting

Bolka Corporation, a merchandising company, reported the following results for October:
Sales
Cost of goods sold (all variable)
Total variable selling expense
Total fixed selling expense
Total variable administrative expense
$447,000
$170,500
$20,100
$21,600
Total fixed administrative expense
$8,500
$31,300
The contribution margin for October is:
Multiple Choice
$276,500
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