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Variable Costing Ferguson Company has the following information for July: Sales $630,000...

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Accounting

Variable Costing

Ferguson Company has the following information for July:

Sales $630,000
Variable cost of goods sold 289,800
Fixed manufacturing costs 94,500
Variable selling and administrative expenses 69,300
Fixed selling and administrative expenses 37,800

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

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

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