Business, 02.03.2020 18:57 tripleog12716

Last month when Holiday Creations, Inc., sold 41,000 units, total sales were $315,000, total variable expenses were $264,600, and fixed expenses were $35,500.

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 $2,300.

Answers: 2

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Last month when Holiday Creations, Inc., sold 41,000 units, total sales were $315,000, total variabl...