2) Computing and Using the CM Percentage Last month when Holiday Creations, Inc., sold 50,000 units, total revenue were $200,000, total variable costs were $120,000, and fixed costs were $65,000. Required: What is the company's contribution margin and contribution margin percentage? 2. What is the estimated change in the company's operating income if it can increase total revenue by $1,000 ? 2) Computing and Using the CM Percentage Last month when Holiday Creations, Inc., sold 50,000 units, total revenue were $200,000, total variable costs were $120,000, and fixed costs were $65,000. Required: What is the company's contribution margin and contribution margin percentage? 2. What is the estimated change in the company's operating income if it can increase total revenue by $1,000