Sarratt Corporation's contribution margin ratio is 62% and its fixed monthly expenses are $91,000.Assume that the company's sales for May are expected to be $193,000.
Required:
Estimate the company's net operating income for May,assuming that the fixed monthly expenses do not change.Show your work!

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The Answer of Sarratt Corporation's contribution margin ratio is 62% and its fixed monthly expenses are $91,000.Assume that the company's sales for May are expected to be $193,000.
Required:
Estimate the company's net operating income for May,assuming that the fixed monthly expenses do not change.Show your work!

Sarratt Corporation's Contribution Margin Ratio Is 62% and Its Fixed