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What is estimated change in the company net operating income

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Reference no: EM132987978

Question - Last month when Holiday Creations, Inc., sold 40,000 units, total sales were $290,000, total variable expenses were $211,700, and fixed expenses were $37,800.

Required -

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

2. What is the estimated change in the company's net operating income if it can increase total sales by $1,100? (Do not round intermediate calculations.)

Reference no: EM132987978

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