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Determine what is the estimated change in the company

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Reference no: EM132559127

Last month when Holiday Creations, Inc., sold 45,000 units, total sales were $283,000, total variable expenses were $209,420, and fixed expenses were $37,000.

Required:

Question 1. What is the company's contribution margin (CM) ratio?

Question 2. What is the estimated change in the company's net operating income if it can increase total sales by $2,700? (Do not round intermediate calculations.)

Reference no: EM132559127

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