Bolka corporation, a merchandising company, reported the following results for october: sales $ 433,000 cost of goods sold (all variable) $ 174,800 total variable selling expense $ 25,600 total fixed selling expense $ 15,100 total variable administrative expense $ 14,800 total fixed administrative expense $ 31,400 the contribution margin for october is:

$217,800

Explanation:

The formula to compute the contribution margin is shown below:

= Sales - Cost of goods sold (all variable) - Total variable selling expense - Total variable administrative expense

= $433,000 - $174,800 - $25,600 - $14,800

= $217,800

As contribution margin = Sales - variable cost

And, we done the same.

All other information which is given is not relevant. Hence, ignored it

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