Last month, Holiday Creations, Inc. When it sold 44,000 units, total sales were $295,000, total variable expenses

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Last month, Holiday Creations, Inc. When it sold 44,000 units, total sales were $295,000, total variable expenses were $230,100 and fixed expenses were $37,200.

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What is the company's contribution margin (CM) ratio?

Estimate the change in the company's net operating income if the company increases its total sales by $1,700.

Related Book For answer-question

Managerial Accounting

ISBN: 9780073526706

12th Edition

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

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Posted Date: Jul 15, 2023 04:37 AM

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Last month, Holiday Creations, Inc. When it sold 44,000 units, total sales were $295,000, total variable expenses

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Managerial Accounting

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