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Business, 09.04.2021 04:10 brookicooki99

Last month when Holiday Creations, Inc., sold 41,000 units, total sales were $282,000, total variable expenses were $214,320, and fixed expenses were $36,900. Required: 1. What is the company’s contribution margin (CM) ratio? 2. What is the estimated change in the company’s net operating income if it can increase total sales by $1,700? (Do not round intermediate calculations.)

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Last month when Holiday Creations, Inc., sold 41,000 units, total sales were $282,000, total variabl...
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