Boxer Inc. expects its sales in June to be $111,000. The company's contribution margin ratio is 65% and its fixed monthly costs are $64,000.
Required:
Estimate the company's operating profit for June, assuming that the fixed monthly costs do not change.

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The Answer of Boxer Inc. expects its sales in June to be $111,000. The company's contribution margin ratio is 65% and its fixed monthly costs are $64,000.
Required:
Estimate the company's operating profit for June, assuming that the fixed monthly costs do not change.

Boxer Inc Expects Its Sales in June to Be $111,000