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Question Content Area Variable Costing Marsich Company has the following information for March: ...

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Question

Accounting

Question Content Area

Variable Costing

Marsich Company has the following information for March:

Sales $400,000
Variable cost of goods sold 180,000
Fixed manufacturing costs 68,000
Variable selling and administrative expenses 36,000
Fixed selling and administrative expenses 24,000

Determine the following for Marsich Company for the month of March:

a. Manufacturing margin $fill in the blank 1
b. Contribution margin $fill in the blank 2
c. Operating income $fill in the blank 3

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