Question

Module One-Prin of Mgmt Info Systems - INFS-3100-002 Quiz 1 How do you calculate the cost Quiz 16 Helps 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 Total fixed administrative expense $ 490,000 $ 169,700 $ 24,200 $ 21,700 $ 33,600 The contribution margin for October is: Multiple Choice O $282,900 O $207900 5207100 < Prev 5 of 5 Next >

Answer 1

Answer : 282900,

Solution is enclosed

Calculation of Combribution margin Sales : - 490,000 expente lesso all variable tost - tost cous (169700) Selling Expense (24200) - to Admin Expenre (13,200). $.282900 contribution = mongin. Total Sales - All variable cont conbibution margine=