Question
Last month when Holiday Creations, Inc., sold 35,000 units, total sales were $303,000, total variable expenses were $227,250, and fixed expenses were $39,700. Required: 1.
Last month when Holiday Creations, Inc., sold 35,000 units, total sales were $303,000, total variable expenses were $227,250, and fixed expenses were $39,700.
Required: 1. What is the companys contribution margin (CM) ratio? 2. What is the estimated change in the companys net operating income if it can increase total sales by $2,500?
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Integrated Reporting
Authors: Chiara Mio
1st Edition
1137551488, 9781137551481
