Answer:
the monthly net income is $16,000
Explanation:
The computation of the monthly net income is shown below:
Net income = contribution margin - fixed expenses
where,
Fixed expenses is $14,000
And, the contribution margin is
= Monthly unit sales × unit contribution margin
= 3,000 × $10
= $30,000
So, the monthly net income is
= $30,000 - $14,000
= $16,000
hence, the monthly net income is $16,000
