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Variable Costing Norwood Company has the following information for September: Sales Variable cost of goods sold $440,000 206,800 Fixed manufacturing costs 74,800 Variable selling
Variable Costing Norwood Company has the following information for September: Sales Variable cost of goods sold $440,000 206,800 Fixed manufacturing costs 74,800 Variable selling and administrative expenses 44,000 Fixed selling and administrative expenses 30,800 Determine the following for Norwood Company for the month of September: a. Manufacturing margin b. Contribution margin c. Income from operations
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