Business, 04.01.2021 20:10 Delqueen8956

Last month when Holiday Creations, Inc., sold 50,000 units, total sales were $200,000, total variable expenses were $120,000, and fixed expenses were $65,000.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 $1,000.

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Last month when Holiday Creations, Inc., sold 50,000 units, total sales were $200,000, total variabl...

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