Norwood Company has the following information for September:
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Variable Costing
Norwood Company has the following information for September:
Sales $380,000
Variable cost of goods sold $182,400
Fixed manufacturing costs $57,000
Variable selling and administrative expenses $34,200
Fixed selling and administrative expenses $2,800
Determine the following for Norwood Company for the month of September:
a. Manufacturing margin $
b. Contribution margin $
c. Income from operations $
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Variable Costing
Norwood Company has the following information for September:
Norwood Company has the following information for September:
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