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Last month when Holiday Creations, Inc., sold 43,000 units, total sales were $295,000, total variable expenses were $218,300, and fixed expenses were $36,200. Required: 1.

Last month when Holiday Creations, Inc., sold 43,000 units, total sales were $295,000, total variable expenses were $218,300, and fixed expenses were $36,200.

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 $1,900?(Do not round intermediate calculations.)

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