Question
Hailey's Company has the following information for March: Sales $1,000,000 Variable cost of goods sold 490,000 Fixed manufacturing costs 170,000 Variable selling and administrative expenses
Hailey's Company has the following information for March:
Sales $1,000,000
Variable cost of goods sold 490,000
Fixed manufacturing costs 170,000
Variable selling and administrative expenses 112,000
Fixed selling and administrative expenses 100,000
Determine the March (a) manufacturing margin, (b) contribution margin, and (c) income from operations for Haileys Company.
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Management Accounting For Business Decisions
Authors: Colin Drury
2nd Edition
1861527705, 978-1861527707
