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Last month when holiday creations inc sold 39000 units

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Reference no: EM13584849

Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $287,000, total variable expenses were $232,470, and fixed expenses were $39,200.

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 $2,500.

Reference no: EM13584849

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