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What is the company's contribution margin ratio? Estimate the change in the company's net operating income if it were to increase its total sales by

What is the company's contribution margin ratio? Estimate the change in the company's net operating income if it were to increase its total sales by $1,400? image text in transcribed
Last month when Holiday Creations, Inc., sold 35,000 units, total sales were $304,000, total variable expenses were $212,800, and fixed expenses were $37,100. Required: 1. What is the company's contribution margin (CM) ratio? ntribution margin ratio Estimate the change in the company's net operating income if it were to increase its total sales by $1.400 Estimated change in net operating income

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