Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. bolka corporation, a merchandising company, report

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

60.1K

Verified Solution

Question

Accounting

Bolka Corporation, a merchandising company, reported the following results for October:
Sales
Cost of goods sold (all variable)
Total variable selling expense
Total fixed selling expense
Total variable administrative expense
$447,000
$170,500
$20,100
$21,600
Total fixed administrative expense
$8,500
$31,300
The contribution margin for October is:
Multiple Choice
$276,500
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

What is cellular signal transduction? Explain the general principles and features of signal transduction.

Advance Math
1.2K views

Show that if there are 100 people of different heights standing in a line, then it...

Physics
1.2K views

48 A wire of a certain material is stretched slowly by ten percent Its new...

Basic Math
1.2K views

What is the annual worth of the following car wash Initial cost 150 000 Salvage...

Calculus
1.2K views

Problem 2 Find two linearly independent power series solutions centered at x 0 for the...

Accounting
1.2K views

ter 17 Activity Based Costing Exercise Saved Help Save &Exit Submit Check my work Textra...

Accounting
1.2K views

Pteri Manufacturing makes a single product - the Pteri. Information for 2005 appears below: What...

Accounting
1.2K views

Problem 12-1A You are provided with the following information regarding events that occurred at Moore...

Accounting
1.2K views

Chapter 11 Graded Homework Sud Help Odywork 3 Exercise 11-3 (Algo) Make or Buy Decision...

Finance
1.2K views

Jay invested $5,400 twenty years ago with an insurance company that has paid him 5%...

Accounting
1.2K views

Sunshine Computer Sales and Services Trial balance as at 30st November 2019 ...

Accounting
1.2K views

During the month, Blue, Inc. purchased 1,050 shares for $5.00 per share and classified them...