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netineya [11]
3 years ago
5

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:
Business
1 answer:
Yuri [45]3 years ago
8 0

Answer:

$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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