Question: 1: When fixed costs are $60,000 and variable costs are 60% of the selling price. What is the breakeven sales in amount? 2: Allied Inc.'s

1: When fixed costs are $60,000 and variable costs are 60% of the selling price.

What is the breakeven sales in amount?

2: Allied Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $42,000. 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 $116,000?

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