Holiday creations, Last month when Holiday Creations, Inc.,

Holiday creations

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Reference no: EM13925704

Last month when Holiday Creations, Inc., sold 35,000 units, total sales were $307,000, total variable expenses were $245,600, and fixed expenses were $38,800

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

2.Estimate the change in the company's net operating income if it were to increase its total sales by $2,600

Reference no: EM13925704

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