Variable costingMarley Company has the following information for March:Sales$ 912,000Variable cost of goods sold$ 474,000Fixed manufacturing costs$ 82,000Variable selling and administrative expenses$ 238,100Fixed selling and administrative expenses$ 54,700 Determine(a) the manufacturing margin,(b) the contribution margin, and(c) operating income for Marley Company for the month of March.

Introduction: Variable costing is a managerial and cost accounting method that deducts fixed…

Answered: Variable costing Marley Company has…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 1CMA

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Variable costing

Marley 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

(a) the manufacturing margin,

(b) the contribution margin, and

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