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Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $319,000, total variable expenses were $264, 770, and fixed expenses were $35, 200.

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Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $319,000, total variable expenses were $264, 770, and fixed expenses were $35, 200. Required: What is the company's contribution margin (CM) ratio? What is the estimated change in the company's net operating income if it can increase total sales by $2, 500

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