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Ferguson Company has the following information for July: Sales $650,000 Variable cost of goods sold 312,000 Fixed manufacturing costs 104,000 Variable selling and administrative expenses

Ferguson Company has the following information for July:

Sales $650,000
Variable cost of goods sold 312,000
Fixed manufacturing costs 104,000
Variable selling and administrative expenses 65,000
Fixed selling and administrative expenses 39,000

Determine the following for Ferguson Company for the month of July:

a. Manufacturing margin $
b. Contribution margin $
c. Income from operations $

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