Last month when Holiday Creations, Inc , sold 39,000 units, total sales were $287,000, total variable expenses were $232,470, and fixed expenses were $39,200 Required 1 What is the company 's contribution margin (CM) ratio 2 Estimate the change in the company 's net operating income if it were to i...

1 Calculate the companys contribution margin ratio ContributionmarginratioSales Contributionmarginx1 ...

Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $287,000, total variable expenses were

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Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $287,000, total variable expenses were $232,470, and fixed expenses were $39,200.

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

2.	Estimate the change in the company's net operating income if it were to increase its total sales by $2,500.

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Managerial Accounting

ISBN: 9780073526706

12th Edition

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

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Posted Date: Jul 13, 2022 05:57 AM

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Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $287,000, total variable expenses were

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