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Variable Costing Marsich Company has the following information for July: Sales $770,000 Variable cost of goods sold 369,600 Fixed manufacturing costs 130,900 Variable selling and
Variable Costing
Marsich Company has the following information for July:
| Sales | $770,000 |
| Variable cost of goods sold | 369,600 |
| Fixed manufacturing costs | 130,900 |
| Variable selling and administrative expenses | 69,300 |
| Fixed selling and administrative expenses | 46,200 |
Determine the following for Marsich Company for the month of July:
| a. Manufacturing margin | $fill in the blank 1 |
| b. Contribution margin | $fill in the blank 2 |
| c. Operating income | $fill in the blank 3 |
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
