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Estimate the change in the company net operating income

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Reference no: EM132818073

Last month when Holiday Creations, Inc., sold 50,000 units, total sales were $200,000, total variable expenses were $120,000, and fixed expenses were $65,000

Required:

Problem 1. What is the company's contribution margin (CM) ratio?

Problem 2. Estimate the change in the company's net operating income if it were to increase its total sales by $1,000

Reference no: EM132818073

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