Loss Corporation's contribution margin ratio is 63% and its fixed monthly expenses are $76,000. Assume that the company's sales for March are expected to be $179,000.
Required:
Estimate the company's net operating income for March, assuming that the fixed monthly expenses do not change. Show your work!

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The Answer of Loss Corporation's contribution margin ratio is 63% and its fixed monthly expenses are $76,000. Assume that the company's sales for March are expected to be $179,000.
Required:
Estimate the company's net operating income for March, assuming that the fixed monthly expenses do not change. Show your work!

Loss Corporation's Contribution Margin Ratio Is 63% and Its Fixed