Bolding inc contribution margin ratio is 64% solve this accounting questions Bolding Inc's contribution margin ratio is 64% and itsfixed monthly expenses are $44,500. Assuming thatthe fixed monthly expenses do not change, what isthe best estimate of the company's net operatingincome in a month when sales are $131,000?

Step 1: Define Net Operating IncomeThe last derivation of the contribution margin income statement…

Answered: Bolding Inc's contribution margin ratio…

Principles of Accounting Volume 2

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Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 23MC: If a firm has a contribution margin of $78M90 and a net income of $13,700 for the current month,...

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Bolding Inc's contribution margin ratio is 64% and its fixed monthly expenses are $44,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $131,000?