Philadelphia Company has the following information for March: Sales $487,491 Variable cost of goods sold 213,248 Fixed manufacturing costs 75,006 Variable selling and administrative expenses 50,161 Fixed selling and administrating expenses 38,910 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

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Philadelphia Company has the following information for March:

Sales $487,491
Variable cost of goods sold 213,248
Fixed manufacturing costs 75,006
Variable selling and administrative expenses 50,161
Fixed selling and administrating expenses 38,910

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
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