Explain why service companies use different activity bases than manufacturing companies to classify costs as fixed or variable. Light Company has the following information for January: Determine (a)...


Explain why service companies use different activity bases than manufacturing companies to classify costs as fixed or variable.


Light Company has the following information for January:


Determine (a) the manufacturing margin, (b) the contribution margin, and (c) income from operations for Light Company for the month of January.



Dec 15, 2021
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