Question: Jilk Incorporated's contribution margin ratio is 60% and its fixed monthly expenses are $47,000. Assuming that the fixed monthly expenses do not change, what is

Jilk Incorporated's contribution margin ratio is 60% and its fixed monthly expenses are \$47,000. 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 $136,000? Multiple Choice $81,600 $7,400 $34,600

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