Business, 08.11.2019 02:31, corrineikerd

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. what is the estimated change in the company’s net operating income if it can increase total sales by $1,000?

Answers: 3

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Last month when holiday creations, inc., sold 50,000 units, total sales were $200,000, total variabl...