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Variable Costing Leone Company has the following information for March: Sales $620,000 Variable cost of goods sold 291,400 Fixed manufacturing costs 99,200 Variable selling and

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Variable Costing Leone Company has the following information for March: Sales $620,000 Variable cost of goods sold 291,400 Fixed manufacturing costs 99,200 Variable selling and administrative expenses 55,800 Fixed selling and administrative expenses 37,200 Determine the following for Leone Company for the month of March: a. Manufacturing margin b. Contribution margin C. Operating income

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