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Variable Costing Norwood Company has the following information for September: Sales $710,000 Variable cost of goods sold 326,600 Fixed manufacturing costs 120,700 Variable selling and

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Variable Costing Norwood Company has the following information for September: Sales $710,000 Variable cost of goods sold 326,600 Fixed manufacturing costs 120,700 Variable selling and administrative expenses 63,900 Fixed selling and administrative expenses 49,700 Determine the following for Norwood Company for the month of September: a. Manufacturing margin b. Contribution margin c. Operating income

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