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Contribution Margin $-($Fixed Manufacturing Costs $+$ Fixed Selling and Administrative Expenses$)=$ Operating income

$*$Variable Cost of Goods Manufactured $=$ Total Cost of Goods Manufactured $-$ Fixed Manufacturing Cost

$**$Variable Costing Ending Inventory $=($Variable Cost of Goods Manufactured$/$Total Units of Goods Manufactured$)x$ Absorption Costing Ending Inventory Units $($given$)$