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Homework, Chapter 21 Variable Costing Marsich Company has the following information for July: Sales $610,000 Variable cost of goods sold 274,500 Fixed manufacturing costs 103,700
Homework, Chapter 21 Variable Costing Marsich Company has the following information for July: Sales $610,000 Variable cost of goods sold 274,500 Fixed manufacturing costs 103,700 Variable selling and administrative expenses 61,000 Fixed selling and administrative expenses 36,600 Determine the following for Marsich Company for the month of July: a. Manufacturing margin b. Contribution margin c. Operating income
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