Last month when Holiday Creations, Inc., sold 40,000 units, total sales were $295,000, total variable expenses were $250,750, and fixed expenses were $39.400. 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 $1.200? (Do not round Intermediate calculations.) Answer is complete but not entirely correct. 15 Contribution margin ratio Estimated change in net operating income 10 E