Mathematics, 16.10.2021 02:30 milkcap1

Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $309,000, total variable expenses were $222,480, and fixed expenses were $38,000. 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 $2,400?

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Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $309,000, total variabl...