Last month when Holiday Creations, Inc., sold $38,000$ units, total sales were $$288,000,$ total variable expenses were $$204,480,$ and fixed expenses were $$39,700.$

Required:

$1.$ What is the company$$s contribution margin $($CM$)$ ratio?

$2.$ What is the estimated change in the company$$s net operating income if it can increase total sales by $$2,700?($Do not round