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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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