Philadelphia Company has the following information for March: Sales $473,081 The variable cost of goods sold 206,923
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Question:
Philadelphia Company has the following information for March:
Sales | $473,081 |
The variable cost of goods sold | 206,923 |
Fixed manufacturing costs | 76,262 |
Variable selling and administrative expenses | 50,481 |
Fixed selling and administrating expenses | 37,584 |
Determine the March:
a. Manufacturing margin | $fill in the blank 1 |
b. Contribution margin | $fill in the blank 2 |
c. Operating income for Philadelphia Company | $fill in the blank 3 |
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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