Last month when holiday creations inc sold 38000 units, Ask an Expert

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Last month when Holiday Creations, Inc., sold 38,000 units, total sales were $285,000, total variable expenses were $213,750, and fixed expenses were $36,000.

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 $1,500.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92313015

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