5 v2.cengagenow.com CengageNOW2 Online teaching and learning resource from Cengage Learnin Variable Costing Ferguson Company has the following information for February: Sales $670,000 Variable cost of goods sold 301,500 Fixed manufacturing costs 100,500 Variable selling and administrative expenses 67,000 Fixed selling and administrative expenses 46,900 Determine the following for Ferguson Company for the month of February: a. Manufacturing margin b. Contribution margin c. Operating income All work saved MacBook Air FT 75 300 14 -11