What is the company contribution margin ratio

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Reference no: EM131255206

Last month when Holiday Creations, Inc., sold 44,000 units, total sales were $293,000, total variable expenses were $237,330, and fixed expenses were $37,600. Required: 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 $2,900.

Reference no: EM131255206

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