Last month when holiday creations inc sold 44000 units, Financial Accounting

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Last month when holiday creations inc sold 44000 units

Last month when Holiday Creations, Inc., sold 44,000 units, total sales were $293,000, total variable expenses were $237,330, and fixed expenses were $37,600. Required: 1. What is the company’s contribution margin (CM) ratio? 2. Estimate the change in the company’s net operating income if it were to increase its total sales by $2,900.

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Financial Accounting: Last month when holiday creations inc sold 44000 units

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