Philadelphia Company has the following information for March: $490,346 214,812 76,688 52,187 31,129 Sales Variable cost of goods sold Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses Determine the March: a. Manufacturing margin b. Contribution margin c. Operating income for Philadelphia Company S SA LA 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 5PA: 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:
$490,346
214,812
76,688
52,187
31,129
Sales
Variable cost of goods sold
Fixed manufacturing costs
Variable selling and administrative expenses
Fixed selling and administrative expenses
Determine the March:
a. Manufacturing margin
b. Contribution margin
c. Operating income for Philadelphia Company
LA
LA
LA
000
Transcribed Image Text:Philadelphia Company has the following information for March: $490,346 214,812 76,688 52,187 31,129 Sales Variable cost of goods sold Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses Determine the March: a. Manufacturing margin b. Contribution margin c. Operating income for Philadelphia Company LA LA LA 000
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