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Last month when Holiday Creations, Incorporated, sold 43,000 units, total sales were $172,000, total varlable expenses were $125,560, and fixed expenses were $36,500. Required: 1.

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Last month when Holiday Creations, Incorporated, sold 43,000 units, total sales were $172,000, total varlable expenses were $125,560, and fixed expenses were $36,500. 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 sales volume by 575 units and total sales by $2,300 ? (Do not round Intermedlate calculations.)

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