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Variable Costing Marsich Company has the following information for February: Sales $790,000 Variable cost of goods sold 355,500 Fixed manufacturing costs 134,300 Variable selling and
Variable Costing
Marsich Company has the following information for February:
Sales | $790,000 |
Variable cost of goods sold | 355,500 |
Fixed manufacturing costs | 134,300 |
Variable selling and administrative expenses | 79,000 |
Fixed selling and administrative expenses | 47,400 |
Determine the following for Marsich Company for the month of February:
a. Manufacturing margin | $ |
b. Contribution margin | $ |
c. Operating income | $ |
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