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What was the company operating income in May

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Reference no: EM133090889

Question - Rhinefold brews reduced calorie beer and regular beer. Sales of its reduced calorie beer represent 25% of the company's total revenue. Sales of regular beer represent the remaining 75%. Reduced calorie beer has a contribution margin ratio of 80%, whereas the contribution margin ratio of regular beer is only 60%. Rhinefold's monthly fixed costs average $609,500. Assume Rhinefold's margin of safety was $300,000 in May. What was the company's operating income in May?

Reference no: EM133090889

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