Question
Last month when Holiday Creations, Inc., sold 40,000 units, total sales were $293,000, total variable expenses were $240,260, and fixed expenses were $39,300. Required: 1.
Last month when Holiday Creations, Inc., sold 40,000 units, total sales were $293,000, total variable expenses were $240,260, and fixed expenses were $39,300.
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 $2,700?
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Cost And Management Accounting
Authors: Duncan Williamson
1st Edition
0132059231, 978-0132059237
