ABC Company estimates the following data for the coming month

Total variable costs

?$??? 40,000.00

Income tax rate

40%

Contribution margin percentage

50%

Estimated net income

$6,000.00

Find the estimated operating income for the coming month.

a.Between 0 and $20,000.00

b.Between $20,000.00 and $40,000.00

c.Between $40,001.00 and $60,000.00

d.Between $60,000 and 80,001.00