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Determine operating income for Light Company for the month

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Reference no: EM132716592

Problem - Light Company has the following information for January:

Sales $648,000

Variable cost of goods sold 233,200

Fixed manufacturing costs 155,500

Variable selling and administrative expenses 51,800

Fixed selling and administrative expenses 36,800

Required -

Determine the manufacturing margin.

Determine the contribution margin.

Determine operating income for Light Company for the month of January.

Reference no: EM132716592

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