Question Content Area

Variable Costing

Marsich Company has the following information for March:

Sales	$400,000
Variable cost of goods sold	180,000
Fixed manufacturing costs	68,000
Variable selling and administrative expenses	36,000
Fixed selling and administrative expenses	24,000

Determine the following for Marsich Company for the month of March:

a. Manufacturing margin	$fill in the blank 1
b. Contribution margin	$fill in the blank 2
c. Operating income	$fill in the blank 3