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18. Tony's Company has the following information for March: Sales ...

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Accounting

18. Tony's Company has the following information for March:

Sales

$1,000,000

Variable cost of goods sold

490,000

Fixed manufacturing costs

170,000

Variable selling and administrative expenses

112,000

Fixed selling and administrative expenses

100,000

Determine the March (a) manufacturing margin, (b) contribution margin, and (c) operating income for Tony's Company.

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