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Light Company has the following information for January: Sales $648,000 Variable cost of goods sold 233,200 Fixed manufacturing costs 155,500 Variable selling and administrative expenses
Light Company has the following information for January: Sales $648,000 Variable cost of goods sold 233,200 Fixed manufacturing costs 155,500 Variable selling and administrative expenses 51,800 Fixed selling and administrative expenses 36,800 Determine the following for Light Company for the month of January: a. Manufacturing margin $ b. Contribution margin $ c. Income from operations $
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