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Last month when Holiday Creations Inc., sold 50,000 units, total sales were $200,000, total variable expenses were $120,000 and fixed expenses were $65,000. Required: 1.

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Last month when Holiday Creations Inc., sold 50,000 units, total sales were $200,000, total variable expenses were $120,000 and fixed expenses were $65,000. Required: 1. What is the company?s contribution margin (CM) ratio? 2. Estimate the change in the company's net operating income if it were to increase its tots sales by $1 ,000

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