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Last month when Holiday Creations, Inc., sold 41,000 units, total sales were $303,000, total variable expenses were $239,370, and fixed expenses were $37,400. What is
Last month when Holiday Creations, Inc., sold 41,000 units, total sales were $303,000, total variable expenses were $239,370, and fixed expenses were $37,400. |
What is the companys contribution margin (CM) ratio?
Estimate the change in the companys net operating income if it were to increase its total sales by $2,800?
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