Variable Costing Mariey Company has the following information for March: Sales $912,000 Variable cost of goods sold 474,000 Fixed manufacturing costs 82,000 Variable selling and administrative expenses 238,100 Fixed selling and administrative expenses 54,700 Determine the following for Marley Company for the month of March: a. Manufacturing margin b. Contribution margin c. Income from operations Variable Costing Norwood Company has the following information for September: Sales $500,000 Variable cost of goods sold 235,000 Fixed manufacturing costs 75,000 Variable selling and administrative expenses 50,000 Fixed selling and administrative expenses 30,000 Determine the following for Norwood Company for the month of September: a. Manufacturing margin b. Contribution margin c. Income from operations %24

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Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.