Marley Company has the following information for March: Sales $912,000 Variable cost of goods sold 474,000 Fixed manufacturing costs 82,000 Variable selling and administrative expenses 238,100 Fixed selling and administrative expenses 54,700 Determine the following for Marley Company for the month of March: a. Manufacturing margin $fill in the blank 1 b. Contribution margin $fill in the blank 2 c. Operating income $fill in the blank 3
Marley Company has the following information for March: Sales $912,000 Variable cost of goods sold 474,000 Fixed manufacturing costs 82,000 Variable selling and administrative expenses 238,100 Fixed selling and administrative expenses 54,700 Determine the following for Marley Company for the month of March: a. Manufacturing margin $fill in the blank 1 b. Contribution margin $fill in the blank 2 c. Operating income $fill in the blank 3
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management
analysis
Section: Chapter Questions
Problem 1BE: Variable costing Marley Company has the following information for March: Determine (A) the...
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Marley Company has the following information for March:
Sales | $912,000 |
Variable cost of goods sold | 474,000 |
Fixed |
82,000 |
Variable selling and administrative expenses | 238,100 |
Fixed selling and administrative expenses | 54,700 |
Determine the following for Marley Company for the month of March:
a. Manufacturing margin | $fill in the blank 1 |
b. Contribution margin | $fill in the blank 2 |
c. Operating income | $fill in the blank 3 |
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