Question: Variable Costing Variable Costing Leone Company has the following information for March: Sales $380,000 Variable cost of goods sold 182,400 64,600 Fixed manufacturing costs Variable
Variable Costing Leone Company has the following information for March: Sales $380,000 Variable cost of goods sold 182,400 64,600 Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses 41,800 22,800 Determine the following for Leone Company for the month of March: a. Manufacturing margin b. Contribution margin C. Operating income
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