Question: Cassy Company has the following information for October Sales

Cassy Company has the following information for October:
Sales .................... $ 760,000
Variable cost of goods sold ........... 395,200
Fixed manufacturing costs ............ 68,400
Variable selling and administrative expenses .... 197,600
Fixed selling and administrative expenses ..... 45,600
Determine
(a) The manufacturing margin,
(b) The contribution margin,
(c) Income from operations for Cassy Company for the month of October.


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  • CreatedJune 27, 2014
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