What is the companys contribution margin ratio

Reference no: EM131900452

Problem

Last month when Holiday Creations, Inc., sold 35,000 units, total sales were $287,000, total variable expenses were $235, 340, and fixed expenses were $38,000.

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

Estimate the change in the company's net operating income if it were to increase its total sales by $1, 700.

Reference no: EM131900452

Questions Cloud

Define important thing to consider regarding your appearance : In your own words, discuss the impact that your appearance and voice have on relationships. What are the important things to consider regarding your appearance?

Discuss the macroenvironmental trends that impact marketing : Discuss how these six areas must be considered by marketing managers of global organizations.

International conference on statistics : In 1853 a Belgian scientist organised the first International Conference on Statistics. This Belgian scientist had already inspired the founding

What did sebastien zoude produce : Nowadays the same industry is still present in Belgium, but the main factory is now near Liège. What did Sebastien Zoude produce?

What is the companys contribution margin ratio : What is the company's contribution margin ratio? Estimate the change in the company's net operating income if it were to increase its total sales by $1, 700.

Discuss the equity theory and define : Discuss the equity theory. Explain the reason why you gravitated to the selected this theory over the other two.

Saint charles borromeo : Who was this architect and sculptor, who created the pulpit in the Antwerp church dedicated to Saint Charles Borromeo?

What would you tell the receptionist about purpose of hipaa : You have been working as a receptionist in the front office of a busy cardiology practice for over a year now and have been offered a promotion.

Maximilian of habsburg : Hugo van der Goes the painter who contributed to the wedding decorations. My daughter married Maximilian of Habsburg. What was my name?"

User Account

All Pages