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Variable Costing Lindquist Company has the following information for February: Sales Variable cost of goods sold $410,000 Fixed manufacturing costs 196,800 Variable selling and administrative
Variable Costing Lindquist Company has the following information for February: Sales Variable cost of goods sold $410,000 Fixed manufacturing costs 196,800 Variable selling and administrative expenses 61,500 Fixed selling and administrative expenses 41,000 24,600 Determine the following for Lindquist Company for the month of February: a. Manufacturing margin b. Contribution margin c. Operating income
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