Concepcion Inc. expects its sales in March to be $126,000. The company's contribution margin ratio is 67% and its fixed monthly expenses are $48,000.
Required:
Estimate the company's net operating income for March, assuming that the fixed monthly expenses do not change. Show your work!

Question

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The Answer of Concepcion Inc. expects its sales in March to be $126,000. The company's contribution margin ratio is 67% and its fixed monthly expenses are $48,000.
Required:
Estimate the company's net operating income for March, assuming that the fixed monthly expenses do not change. Show your work!