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Determine the the month of october and income from operation

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Reference no: EM131801512

Problem: Variable Costing

Cassy Company has the following information for October:

Sales $760,000
Variable cost of goods sold 395,200
Fixed manufacturing costs 68,400
Variable selling and administrative expenses 197,600
Fixed selling and administrative expenses 45,600

Determine the following for Cassy Company for the month of October:

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

Reference no: EM131801512

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