Philadelphia Company has the following information for March: Sales $471,872 Variable cost of goods sold 223,448 Fixed manufacturing costs 76,779 Variable selling and administrative expenses 52,438 Fixed selling and administrating expenses 32,449 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 $471,872 Variable cost of goods sold 223,448 Fixed manufacturing costs 76,779 Variable selling and administrative expenses 52,438 Fixed selling and administrating expenses 32,449 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
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 1PA: A company sells small motors as a component part to automobiles. The Model 101 motor sells for $850...
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Philadelphia Company has the following information for March:
Sales | $471,872 |
Variable cost of goods sold | 223,448 |
Fixed |
76,779 |
Variable selling and administrative expenses | 52,438 |
Fixed selling and administrating expenses | 32,449 |
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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