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Ferguson Company has the following information for February: Sales $770,000 Variable cost of goods sold 369,600 Fixed manufacturing costs 115,500 Variable selling and administrative expenses

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Ferguson Company has the following information for February: Sales $770,000 Variable cost of goods sold 369,600 Fixed manufacturing costs 115,500 Variable selling and administrative expenses 69,300 Fixed selling and administrative expenses 53,900 Determine the following for Ferguson Company for the month of February: a. Manufacturing margin b. Contribution margin c. Operating income

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