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Philadelphia Company has the following information for March: Line Item Description Amount Sales $494,506 Variable cost of goods sold 209,992 Fixed manufacturing costs 76,325 Variable
Philadelphia Company has the following information for March: Line Item Description Amount Sales $494,506 Variable cost of goods sold 209,992 Fixed manufacturing costs 76,325 Variable selling and administrative expenses 53,641 Fixed selling and administrative expenses 35,330 Determine the March:
Line Item Description | Amount |
---|---|
a. Manufacturing margin | |
b. Contribution margin | |
c. Operating income for Philadelphia Company |
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