geNOWv21Onlin Xw.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=assignments&takeAssignmentSessionLocator=assignment-take&inprogresXCalculatorPhiladelphia Company has the following information for March:Sales$456,797Variable cost of goods sold207,458Fixed manufacturing costs77,454Variable selling and administrative expenses52,177Fixed selling and administrating expenses37,306Determine the March:a. Manufacturing marginb. Contribution marginC. Operating income for Philadelphia Company12:13 PMw11/9/2019hppg upendhomeinsprt scdeletef1211fio19 1IIf8+f6f5num+lockbackspace&7%7homePUYenterLKG1pauseT shift?end6AUSHIH

Question
Asked Nov 9, 2019

A. Manufacturing margin? 
b. Contribution margin? 
C. Operating income for PhiladelPho's company ? 

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w.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=assignments&takeAssignmentSessionLocator=assignment-take&inprogres
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Calculator
Philadelphia Company has the following information for March:
Sales
$456,797
Variable cost of goods sold
207,458
Fixed manufacturing costs
77,454
Variable selling and administrative expenses
52,177
Fixed selling and administrating expenses
37,306
Determine the March:
a. Manufacturing margin
b. Contribution margin
C. Operating income for Philadelphia Company
12:13 PM
w
11/9/2019
hp
pg up
end
home
ins
prt sc
delete
f12
11
fio
19 1
II
f8
+
f6
f5
num
+
lock
backspace
&
7
%
7
home
P
U
Y
enter
L
K
G
1
pause
T shift
?
end
6A
US
HIH
help_outline

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geNOWv21Onlin X w.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=assignments&takeAssignmentSessionLocator=assignment-take&inprogres X Calculator Philadelphia Company has the following information for March: Sales $456,797 Variable cost of goods sold 207,458 Fixed manufacturing costs 77,454 Variable selling and administrative expenses 52,177 Fixed selling and administrating expenses 37,306 Determine the March: a. Manufacturing margin b. Contribution margin C. Operating income for Philadelphia Company 12:13 PM w 11/9/2019 hp pg up end home ins prt sc delete f12 11 fio 19 1 II f8 + f6 f5 num + lock backspace & 7 % 7 home P U Y enter L K G 1 pause T shift ? end 6A US HIH

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Expert Answer

Step 1

Mauufacturing margin is computed by subtracting variable cost of goods sold from sales.The manufacturing margin has been computed as below

 

Sales
Less. Variable cost of goods sold
Manufacturing margin
456797
a
207458
249,339
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Sales Less. Variable cost of goods sold Manufacturing margin 456797 a 207458 249,339

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Step 2

b. Contribution margin is computed by subtracting all variable...

Sales
Less. Variable cost of goods sold
Less. Variable selling & Administrative expenses
Contribution margin
b
456797
207458
52,177
197,162
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Sales Less. Variable cost of goods sold Less. Variable selling & Administrative expenses Contribution margin b 456797 207458 52,177 197,162

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