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Philadelphia Company has the following information for March: $450,000 240,000 70,000 52,000 35,000 Sales Variable cost of goods sold Fixed manufacturing costs Variable selling and

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Philadelphia Company has the following information for March: $450,000 240,000 70,000 52,000 35,000 Sales Variable cost of goods sold Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses Determine the March (a) manufacturing margin, (b) contribution margin, and (c) income from operations for Philadelphia Company. (SHOW WORK) ANSWER (a) (b) (c)

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