Question: Bianchini Corporation's contribution margin ratio is 70% and its fixed monthly expenses are $50,000. Assume that the company's sales for May are expected to be

Bianchini Corporation's contribution margin ratio is 70% and its fixed monthly expenses are $50,000.

Assume that the company's sales for May are expected to be $109,000.

Required: Estimate the company's net operating income for May, assuming that the fixed monthly expenses do not change.

Net Operating Income:

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