Bolka Corporation, a trading company, reported the following results for October: 

Sales $433,000 Cost of goods sold (all variable) $175,900 Total variable selling expense $22,300 Total fixed selling expense $22,500 Total variable administrative expense $10,500 Total Fixed Administrative Expense $39,300

 What is the contribution margin for October 

Answer rating: 100% (QA)

The contribution margin is calculated as the difference between the sales ... View the full answer