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Last month when Holiday Creations, Inc., sold 38,000 units, total sales were $285,000, total variable expenses were $213,750, and fixed expenses were $36,000. 1. What
Last month when Holiday Creations, Inc., sold 38,000 units, total sales were $285,000, total variable expenses were $213,750, and fixed expenses were $36,000. |
1. | What is the companys contribution margin (CM) ratio? |
2. | Estimate the change in the companys net operating income if it were to increase its total sales by $1,500. |
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