Question: Last month when Holiday Creations, Incorporated, sold 4 1 , 0 0 0 units, its sales, variable expenses, and fixed expenses were $ 1 6

Last month when Holiday Creations, Incorporated, sold 41,000 units, its sales, variable expenses, and fixed expenses were $164,000,
$129,560, and $36,400, respectively.
Required:
What is the company's contribution margin (CM) ratio?
What is the company's variable expense ratio?
Note: Do not round intermediate calculations.
Last month when Holiday Creations, Incorporated, sold 41,000 units, its sales,

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