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Variable Costing Ferguson Company has the following information for July: Sales $310,000 Variable cost of goods...

Variable Costing

Ferguson Company has the following information for July:

Sales $310,000
Variable cost of goods sold 145,700
Fixed manufacturing costs 46,500
Variable selling and administrative expenses 27,900
Fixed selling and administrative expenses 21,700

Determine the following for Ferguson Company for the month of July:

a. Manufacturing margin $
b. Contribution margin $
c. Income from operations $
Business   Accounting   
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