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od Exercise 6-4 (Algo) Computing and Using the CM Ratio [LO6-3] Last month when Holiday Creations, Incorporated, sold 44
Posted: Sun Jul 03, 2022 3:55 pm
by answerhappygod
- Od Exercise 6 4 Algo Computing And Using The Cm Ratio Lo6 3 Last Month When Holiday Creations Incorporated Sold 44 1 (19.22 KiB) Viewed 10 times
od Exercise 6-4 (Algo) Computing and Using the CM Ratio [LO6-3] Last month when Holiday Creations, Incorporated, sold 44,000 units, total sales were $176,000, total variable expenses were $144,320, and fixed expenses were $35,100. 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 375 units and total sales by $1,500? (Do not round intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income %