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What is the company contribution margin ratio

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Problem - Last period Hartig Corporation sold 36,000 units, total sales were $289,000, total variable expenses were $245,650, and fixed expenses were $39,600.

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 $2,300?

Reference no: EM133035729

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