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Bolka Corporation, a merchandising company, reported the following results for October: Sales $490,000 Cost of goods sold (all variable) $169,700 Total variable selling expense $24,200 Total fixed selling expense $21,700 Total fixed administrative expense Total variable administrative expense $13,200 The contribution margin for October is $33,600

Bolka Corporation, a merchandising company, reported the following results for October: Sales $490,000 Cost of goods sold (all variable) $169,700 Total variable selling expense $24,200 Total fixed selling expense $21,700 Total fixed administrative expense Total variable administrative expense $13,200 The contribution margin for October is $33,600

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 22E: Ellerson Company provided the following information for the last calendar year: During the year,...
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Bolka Corporation a merchandising company... Please provide answer the general accounting question

Bolka Corporation, a merchandising company, reported the following results for October: Sales $490,000 Cost of goods sold (all variable) $169,700 Total variable selling expense $24,200 Total fixed selling expense $21,700 Total fixed administrative expense Total variable administrative expense $13,200 The contribution margin for October is $33,600
Transcribed Image Text:Bolka Corporation, a merchandising company, reported the following results for October: Sales $490,000 Cost of goods sold (all variable) $169,700 Total variable selling expense $24,200 Total fixed selling expense $21,700 Total fixed administrative expense Total variable administrative expense $13,200 The contribution margin for October is $33,600
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