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Marley Company has the following information for March: Sales $912,000 Variable cost of goods sold $474,000 Fixed manufacturing costs $82,000 Variable selling and administrative expenses
Marley Company has the following information for March:
Sales $912,000
Variable cost of goods sold $474,000
Fixed manufacturing costs $82,000
Variable selling and administrative expenses $238,100
Fixed selling and administrative expenses $54,700
Determine (a) the manufacturing margin, (b) the contribution margin, and (c) operating income for Marley Company for the month of March.
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