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33%252F%252Fms.meducation.com/252Fgmiddleware252F x1 Graded HW I CVP Analysis I CHP 5 Part 1 (LOs 1-5) 1 Last month when Holiday Creations, Incorporated, sold 35.000 units, total
33%252F%252Fms.meducation.com/252Fgmiddleware252F x1 Graded HW I CVP Analysis I CHP 5 Part 1 (LOs 1-5) 1 Last month when Holiday Creations, Incorporated, sold 35.000 units, total sales were $140,000, total variable expenses were $17600, and fixed expenses were $39.800. 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 250 units and total sales by $1,000? (Do not round intermediate calculations.) 11 ointi 1. Contribution margin ratio 2. Estimated change in net operating income int AL Reference
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