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
Determine the following for Hardin Company for the month of July:
a. Manufacturing margin
b. Contribution margin
c. Income from operations
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Contribution margin by segment
The following information is for Filimonov Industries, Inc.:
East West
Sales volume (units):
Sea 22,500 19,000
Cake 30,000 25,000
Sales price:
Sea $350 $330
Cake $364 $360
Variable cost per unit:
Sea $168 $168
Cake $180 $180
a. Determine the contribution margin for the Cake hand-held video games.
b. Determine the contribution margin for the West Region.