Last month when Holiday Creations, Inc., sold 44,000 units, total sales were $309,000, total variable expenses were $256,470, and fixed expenses were $39,300.

value 9.09 points Last month when Holiday Creations, Inc., sold 44,000 units, total sales were $309,000, total variable expenses were $256,470, and fixed expenses were $39,300 Required: 1. What is the company's contribution margin (CM) ratio? Contribution margin ratio 2. Estimate the change in the company's net operating income if it were to increase its total sales by $1,500 Estimated change in net operating income