Sawy won Last month when Holiday Creations, Incorporated, sold 44,000 units, total sales were $176,000, total variable e

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Sawy Won Last Month When Holiday Creations Incorporated Sold 44 000 Units Total Sales Were 176 000 Total Variable E 1 (20.14 KiB) Viewed 33 times

Sawy won Last month when Holiday Creations, Incorporated, sold 44,000 units, total sales were $176,000, total variable expenses were $140,800, and fixed expenses were $38,700. Required: 1. What is the company's contribution margin (CM) ratlo? 2. What is the estimated change in the company's net operating income if it can increase sales volume by 575 units and total sales by $2,300? (Do not round intermediate calculations.) 96 1. Contribution margin ratio 2. Estimated change in net operating income