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Bolka Corporation, a merchandising company, reported the following results for October: Sales $ 464,000 Cost...

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Accounting

Bolka Corporation, a merchandising company, reported the following results for October: Sales $ 464,000 Cost of goods sold (all variable) $ 173,500 Total variable selling expense $ 24,600 Total fixed selling expense $ 23,000 Total variable administrative expense $ 8,900 Total fixed administrative expense $ 38,200 The contribution margin for October is:

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