Question: Calculate the contribution margin and operating income for June using variable costing. Maynard Company reports the following information for June: Sales Revenue...................................................... $ 726,000 Variable

Calculate the contribution margin and operating income for June using variable costing.


Maynard Company reports the following information for June:

Sales Revenue...................................................... $ 726,000

Variable Cost of Goods Sold ..............................    225,000

Fixed Cost of Goods Sold ...................................    175,000

Variable Selling and Administrative Costs .......    150,000

Fixed Selling and Administrative Costs............       63,000



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