Variable Costing Leone Company has the following information for July Sales $690,000 324,300 117,300 62,100 Variable cost of goods sold Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses Determine the following for Leone Company for the month of Duty: a. Manufacturing margin 41,400 b. Contribution margin c. Income from operations Cred My World My Working Variabin Costing Production Exceeds Sales Fixed manufacturing costs are $35 per unit, and variable manufacturing costs are $105 per unit. Production was 132,000 units, while sales were 124,080 units a. Determine whether variable costing income from operations is less than or greater than absorption costing income from operations b. Determine the difference in variable costing and absorption costing income from operations