Home X L Homepage - Southern New Ham X CengageNOWv2 | Online teachin X Course Hero X + V X C A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Problem Set: Module 6 eBook Show Me How /ariable cost of goods sold: ? 1. EX.07.05.ALGO Variable cost of goods manufactured 2. TMM.07.01 Inventory, April 30 3. EX.07.12.ALGO Total variable cost of goods sold Manufacturing margin 4. EX.07.02.ALGO Variable selling and administrative expenses 5. TMM.07.05 Contribution margin Fixed costs Fixed manufacturing costs Fixed selling and administrative expenses Total fixed costs Operating income Feedback Check My Work Sales - (Variable Cost of Goods Manufactured* - Variable Costing Ending inventory**) = Manufacturing Margin; Manufacturing Margin - Variable Selling and Administrative Expenses = Contribution Margin; Contribution Margin - (Fixed Manufacturing Costs + Fixed Selling and Administrative Expenses) = Operating income *Variable Cost of Goods Manufactured = Total Cost of Goods Manufactured - Fixed Manufacturing Cost **Variable Costing Ending Inventory = (Variable Cost of Goods Manufactured/Total Units of Goods Manufactured) x Absorption Costing Ending Inventory Units (given) Progress: 1/5 items Check My Work Next Assignment Score: 10.91% Email Instructor Save and Exit Submit Assignment for Grading