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Philadelphia Company has the following information for March: Sales $486,350 Variable cost of goods sold 201,050 Fixed manufacturing costs 79,332 Variable selling and administrative expenses
Philadelphia Company has the following information for March:
Sales $486,350
Variable cost of goods sold 201,050
Fixed manufacturing costs 79,332
Variable selling and administrative expenses 49,650
Fixed selling and administrative expenses 35,037
Determine the March:
a. Manufacturing margin $____
b. Contribution margin $______
c. Operating income for Philadelphia Company $_____
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