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What is the company contribution margin ratio

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Question - Last month when Harrison Creations, Inc., sold 38,000 units, total sales were $317,000, total variable expenses were $231,410, and fixed expenses were $37,700.

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 $2,400 (estimate change in net operating income).

Reference no: EM132054689

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