Question: Please provide the accurate answer to this general accounting problem using appropriate methods. Sunshine Electronics has a total contribution margin of $120,000 on sales of

Please provide the accurate answer to this general accounting problem using appropriate methods.

Please provide the accurate answer to this
Sunshine Electronics has a total contribution margin of $120,000 on sales of $300,000. Their fixed costs amount to $80,000 per month. If sales were to decrease by 10% without any change in fixed costs or contribution margin ratio, what would be the new monthly operating income? Calculate this using the contribution margin approach

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