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

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...

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

Jun 09, 2022

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