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Business, 13.07.2021 17:20 edwardordonez66

Last month when Holiday Creations, Inc., sold 44,000 units, total sales were $308,000, total variable expenses were $215,600, and fixed expenses were $35,700. 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 $1,800?

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Last month when Holiday Creations, Inc., sold 44,000 units, total sales were $308,000, total variabl...
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