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ABC Company estimates the following data for the coming month Total variable costs ?$??? 33,000.00 Income tax rate 25% Contribution margin percentage 40% Estimated monthly

ABC Company estimates the following data for the coming month

Total variable costs

?$??? 33,000.00

Income tax rate

25%

Contribution margin percentage

40%

Estimated monthly operating? fixed costs

$16,000.00

Required minimum net income as percentage of total sales

10%

?Find the excess amount of operating income over required minimum.

a) Between 0 and $250.00

b) Between $250.00 and $2,500.00

c) Between $3,500 and $4,500.00

d) Between $6,000 and $10,333.33

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