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Last month when Holiday Creations, Incorporated, sold 40,000 units, total sales were $160,000, total variable expenses w
Posted: Sat Feb 19, 2022 2:35 pm
by answerhappygod
- Last Month When Holiday Creations Incorporated Sold 40 000 Units Total Sales Were 160 000 Total Variable Expenses W 1 (49.93 KiB) Viewed 77 times
Last month when Holiday Creations, Incorporated, sold 40,000 units, total sales were $160,000, total variable expenses were $115,200, and fixed expenses were $38,100. 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 275 units and total sales by $1,100? (Do not round intermediate calculations.) 1. Contribution margin ratio % 2. Estimated change in net operating income