Philadelphia Company has the following information for March: Sales $490,787 ...
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Accounting
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Philadelphia Company has the following information for March:
Sales $490,787 Variable cost of goods sold 223,588 Fixed manufacturing costs 75,555 Variable selling and administrative expenses 49,922 Fixed selling and administrating expenses 39,326
a. Determine the March manufacturing margin. $fill in the blank 1
b. Determine the March contribution margin. $fill in the blank 2
c. Determine the March income from operations for Philadelphia Company. $fill in the blank 3
Philadelphia Company has the following information for March:
| Sales | $490,787 |
| Variable cost of goods sold | 223,588 |
| Fixed manufacturing costs | 75,555 |
| Variable selling and administrative expenses | 49,922 |
| Fixed selling and administrating expenses | 39,326 |
a. Determine the March manufacturing margin. $fill in the blank 1
b. Determine the March contribution margin. $fill in the blank 2
c. Determine the March income from operations for Philadelphia Company. $fill in the blank 3
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