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Variable Costing Leone Company has the following information for July: Sales $370,000 177,600 62,900 Variable cost of goods sold Fixed manufacturing costs Variable selling and

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Variable Costing Leone Company has the following information for July: Sales $370,000 177,600 62,900 Variable cost of goods sold Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses 37,000 22,200 Determine the following for Leone Company for the month of July: a. Manufacturing margin b. Contribution margin C. Operating income

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