Question: bianchini corporations contribution margin ratio is 58% and its fixed monthly expenses are $94,000. assume that the companys sales for may are expected to be

bianchini corporations contribution margin ratio is 58% and its fixed monthly expenses are $94,000. assume that the companys sales for may are expected to be 178,000. estimate the companys net operatin income for may, assuming that the fixed monthly expenses do not change. show your work

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Since graduating with an Information Technology diploma, two years ago, Edna has been working in her aunts restaurant as a hostess/cashier. In her spare time, she has created an easyto-use computer...

Bianchini Corporation's contribution margin ratio is 75% and its fixed monthly expenses are $55, 000. Assume that the company's sales for May are expected to be $114, 000. Required: Estimate the...

What is the net operating income? Bianchini Corporation's contribution margin ratio is 77% and its fixed monthly expenses are $31, 000 Assume that the company s sales for May are expected to be $90,...

34,000. Bianchini Corporation's contribution margin ratio s 74% and its fixed monthly expenses are $ Assume that the company's sales for May are expected to be $ 93,000 Required: Estimate the...

Gayne Corporation's contribution margin ratio is 19% and its fixed monthly expenses are $52,500. If the company's sales for a month are $316,000, what is the best estimate of the company's net...

Gayne Corporation's contribution margin ratio is 12% and its fixed monthly expenses are $84000. If the company's sales for a month are $738,000, what is the best estimate of the company's net...

10.Gayne Corporation's contribution margin ratio is 12% and its fixed monthly expenses are $84.000. If the company's sales for a month are $738,000, what is the best estimate of the company's net...

Gayne Corporation's contribution margin ratio is 18% and its fixed monthly expenses are $47,500. If the company's sales for a month are $306,000, what is the best estimate of the compa do not change....

Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on...

A.) Maack Corporation's contribution margin ratio is 19% and its fixed monthly expenses are $50,500. If the company's sales for a month are $312,000, what is the best estimate of the company's net...

a. Draw three constitutional isomers with molecular formula C3H8O. b. How many constitutional isomers can you draw forC4H10O?

Match each of the control procedures listed below with the most closely related control procedures type. Your answer should pair each of the numbers 1 through 10 with the appropriate letter. Control...

Consider the following cash flow profile and assume MARR is 10%/yr. a. What does Descartes rule of signs tell us about the IRR(s) of this project? b. What does Norstroms criterion tell us about the...

The following is an algorithm to add two non-negative integers A and B. A and B are binary numbers. They have been inputted as strings. Given the initial values of A and B write an efficient C++...

The motion of pins A and b are constrained in such a way that they remain both in the vertical slot of member C. The motions of two pins A and B are constrained in such a way that they remain in the...

Waller, Inc., a glassware manufacturer, provided the following traditional format income statement for the most recent month: Sales $ 275,000 Cost of goods sold 151,250 Gross profit $ 123,750...

In which direction (into the cell or out of the cell) will water flow in cells of Escherichia coli suddenly suspended in a solution of 20% NaCl? What if the cells were suspended in distilled water?...

For the truss shown below, use the method of sections to determine the type and magnitude of forces in the members identified as 1, 2 and 3. Determine the magnitude and direction of all reaction...

If traffic is bad, Beth sometimes cannot pick up her daughter at daycare on time. She asks her boss if she can leave an hour earlier each day, and work at home a few hours each weekend. Both Beth and...

Learn about HRM development in Poland in recent years.

Why is it important to motivate employees? How should employers motivate their employees?

Unlike the old reward system, the new strategies implemented at XYZ include quantitative and qualitative components. In what ways do the implemented strategies encourage employees motivation toward...