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Variable Costing Norwood Company has the following information for February: Sales $520,000 Variable cost of goods sold 234,000 Fixed manufacturing costs 83,200 Variable selling and

Variable Costing

Norwood Company has the following information for February:

Sales $520,000
Variable cost of goods sold 234,000
Fixed manufacturing costs 83,200
Variable selling and administrative expenses 57,200
Fixed selling and administrative expenses 36,400

Determine the following for Norwood Company for the month of February:

a. Manufacturing margin $
b. Contribution margin $
c. Income from operations $

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