Question: Exercise 5-4 Computing and Using the CM Ratio [LO 5-3] Last month when Holiday Creations, Inc., sold 36,000 units, total sales were $304,000, total variable

Exercise 5-4 Computing and Using the CM Ratio [LO 5-3]

Last month when Holiday Creations, Inc., sold 36,000 units, total sales were $304,000, total variable expenses were $221,920, and fixed expenses were $36,100.

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