complete both oarts

bes Exercise 6-4 (Algo) Computing and Using the CM Ratio [LO6-3] Last month when Holiday Creations, Incorporated, sold 38,000 units, total sales were $152,000, total variable expenses were $126,160, and fixed expenses were $37,400. 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 725 units and total sales by $2,900? (Do not round Intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The company' monthly fixed expense is $32,250. Required: 1. Calculate the unit sales needed to attain a target profit of $8,000. (Do not round Intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,700. (Round your Intermediate calculations to the nearest whole number.) 1. Units sales to attain target profit 2. Dollar sales to attain target profit units