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Posted: **Sun Jul 03, 2022 1:23 pm**

: Last Month When Holiday Creations Incorporated Sold 39 000 Units Total Sales Were 156 000 Total Variable Expenses W 1 (47.02 KiB) Viewed 13 times

: Last Month When Holiday Creations Incorporated Sold 39 000 Units Total Sales Were 156 000 Total Variable Expenses W 2 (47.02 KiB) Viewed 13 times

: Last Month When Holiday Creations Incorporated Sold 39 000 Units Total Sales Were 156 000 Total Variable Expenses W 3 (47.04 KiB) Viewed 13 times

Last month when Holiday Creations, Incorporated, sold 39,000 units, total sales were $156,000, total variable expenses were $117,000, and fixed expenses were $35,800. 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 625 units and total sales by $2,500? (Do not round intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income %
Last month when Holiday Creations, Incorporated, sold 39,000 units, total sales were $156,000, total variable expenses were $117,000, and fixed expenses were $35,800. 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 625 units and total sales by $2,500? (Do not round intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income $ 75 % 3,825