Last month when Holiday Creations, Incorporated, sold $38,000$ units, total sales were $$152,000,$ total variable expenses were $$127,680,$ and fixed expenses were $$37,200.$

Required:

What is the company's contribution margin $($CM$)$ ratio?

What is the estimated change in the company's net operating income if it can increase sales volume by $500$ units and total sales by $$2,000?($Do not round intermediate calculations.$)$

$\backslash$table$[[1.$ Contribution margin ratio,,$\%$