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Variable Costing Norwood Company has the following information for September: Sales $470,000 Variable cost of goods sold 220,900 Fixed manufacturing costs 79,900 Variable selling and
Variable Costing Norwood Company has the following information for September: Sales $470,000 Variable cost of goods sold 220,900 Fixed manufacturing costs 79,900 Variable selling and administrative expenses 42,300 Fixed selling and administrative expenses 32,900 Determine the following for Norwood Company for the month of September: a. Manufacturing margin b. Contribution margin c. Operating income
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