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Determine the contribution margin for Hardin Company

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Reference no: EM132685800

Problem - Variable costing - Hardin Company has the following information for July:

Sales $625,000

Variable cost of goods sold 325,000

Fixed manufacturing costs 56,250

Variable selling and administrative expenses 162,500

Fixed selling and administrative expenses 37,500

Required -

(a) Determine the manufacturing margin for Hardin Company for the month of July.

(b) Determine the contribution margin for Hardin Company for the month of July.

(c) Determine income from operations for Hardin Company for the month of July.

Reference no: EM132685800

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