Variable Costing
Kohler Company has the following information for June:
|
Sales
|
$540,000
|
|
Variable cost of goods sold
|
194,400
|
|
Fixed manufacturing costs
|
129,600
|
|
Variable selling and administrative expenses
|
43,200
|
|
Fixed selling and administrative expenses
|
32,400
|
Determine the following for Kohler Company for the month of June:
|
a. Manufacturing margin
|
$
|
|
b. Contribution margin
|
$
|
|
c. Income from operations
|
$
|