The manager of the manufacturing division of Winnipeg Windows does not understand why gross margin went down in February when sales went up.Some of the information she has selected for evaluation include:
The division operated at normal capacity during January.Variable manufacturing cost per unit was $5, and the fixed manufacturing costs were $400,000.Selling and administrative expenses were all fixed.Required:
Explain why the gross margin in February was lower than January even though February sales were higher.How would variable costing income statements help the manager understand the division's operating income?
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Categories of people based on their economic status, often determined by income, wealth, occupation, and education.
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Having been made the target of wrongdoing or harm, often unjustly.
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An individual, typically a minor, who attends an educational institution such as an elementary or secondary school.
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