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Business, 24.08.2021 02:50 nando4786

Last month when Holiday Creations, Inc., sold 36,000 units, total sales were $306,000, total variable expenses were $260,100, and fixed expenses were $39,500. 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 $1,800.

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