Question
Last month, Holiday Creations, Inc. When it sold 44,000 units, total sales were $295,000, total variable expenses were $230,100 and fixed expenses were $37,200. Required
Last month, Holiday Creations, Inc. When it sold 44,000 units, total sales were $295,000, total variable expenses were $230,100 and fixed expenses were $37,200.
| Required | |
What is the company's contribution margin (CM) ratio? Estimate the change in the company's net operating income if the company increases its total sales by $1,700. | |
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
