(Answered) Question - mitch corporations contribution margin ratio is

Accounting

Question - Mitch Corporation's contribution margin ratio is 31% and its fixed monthly expenses are $82,000. If the company's sales for a month are $858,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change.

a) $190,980

b) $180,980

c) $183,980

d) $193,980

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