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Last month when Holiday Creations, Inc., sold 42,000 units, total sales were $303,000, total variable expenses were $251,490, and fixed expenses were $39,300. Required: 1.

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Last month when Holiday Creations, Inc., sold 42,000 units, total sales were $303,000, total variable expenses were $251,490, and fixed expenses were $39,300. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $2,400 ? (Do not round intermediate calculations.)

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