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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question

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

geNOWv21Onlin X
w.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=assignments&takeAssignmentSessionLocator=assignment-take&inprogres
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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
Transcribed Image Text: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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