Philadelphia Company has the following information for March: Sales $458,328 Variable cost of goods sold 203,195 Fixed manufacturing costs 77,508 Variable selling and administrative expenses 51,217 Fixed selling and administrating expenses 37,984 Determine the March: a. Manufacturing margin b. Contribution margin c. Operating income for Philadelphia Company 000

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 5PB: Statement of cost of goods manufactured and income statement for a manufacturing company The...
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Philadelphia Company has the following information for March:
$458,328
203,195
77,508
51,217
37,984
Sales
Variable cost of goods sold
Fixed manufacturing costs
Variable selling and administrative expenses
Fixed selling and administrating expenses
Determine the March:
a. Manufacturing margin
b. Contribution margin
c. Operating income for Philadelphia Company
000
Transcribed Image Text:Philadelphia Company has the following information for March: $458,328 203,195 77,508 51,217 37,984 Sales Variable cost of goods sold Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrating expenses Determine the March: a. Manufacturing margin b. Contribution margin c. Operating income for Philadelphia Company 000
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