Find what estimated change in company net operating income

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Last month when Holiday Creations, Inc., sold 43,000 units, total sales were $299,000, total variable expenses were $212,290, and fixed expenses were $38,600.

Required:

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

Problem 2. What is the estimated change in the company's net operating income if it can increase total sales by $1,400?

Reference no: EM132754413

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