### Calculation of contribution margin

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##### Reference no: EM1314719

Calculation of Contribution margin and gross margin using Marginal costing.

1. Monsivais Corporation, a manufacturing company, has provided the following financial data for February:

Sales   \$470,000

Variable production expense              \$81,000

Variable selling expense         \$11,000

Fixed production expense       \$86,000

Fixed selling expense              \$73,000

The company had no beginning or ending inventories.

The contribution margin for February was:

a.         \$338,000

b.        \$303,000

c.         \$172,000

d.        \$40,000

2. In December, Barkes Corporation, a manufacturing company, reported the following financial data:

The company had no beginning or ending inventories.

The gross margin for December was:

a.         \$201,000

b.        \$181,000

c.         \$121,000

d.        \$32,000

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