Check my Exercise 5-4 (Algo) Computing and using the CM Ratio (LO5-3] 547 Last month when Holiday Creations, Inc., sold 45.000 units, total sales were $180,000, total variable expenses were $144.000, ond fixed expenses were $35,700. 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 450 units and total sales by $1,800? (Do not round intermediate calculations.) 1. Contribution margin ratio 2 Estimated change in net operating income