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Last month when Holiday Creations, Incorporated, sold 37,000 units, total sales were $148,000, total variable expenses w
Posted: Sun Jun 05, 2022 8:33 pm
by answerhappygod
- Last Month When Holiday Creations Incorporated Sold 37 000 Units Total Sales Were 148 000 Total Variable Expenses W 1 (15.07 KiB) Viewed 54 times
Last month when Holiday Creations, Incorporated, sold 37,000 units, total sales were $148,000, total variable expenses were $124,320, and fixed expenses were $36,500, 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 sales volume by 325 units and total sales by $1,300? (Do not round intermediate calculations.) 1. Contribution margin ratio 16 % 2. Estimated change in net operating income