What is the company cm ratio

Reference no: EM131766061

Question: What is the company's CM Ratio? If monthly sales increases by $60,000 and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase?

	Total	Per Unit
Sales	$600,000	$50
Variable Expenses	456,000	38
Contribution Margin	144,000	$12
Fixed Expenses	100,000
Net Operating Income	44,000

Reference no: EM131766061

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