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Homework Answers
Ans;
1. Contribution margin ratio = Contribution margin / Sales
= (287,000-209510)/287,000
= 27%
2. Estimated change in net operating income = $351
(increase in sales * cm ratio)
(1300*27%)
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ouTube Maps Chapter 50 Help Save & Exit Sub Check my wor Exercise 5-4 Computing and...
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Last month when Holiday Creations, Inc., sold 44,000 units,
total sales were $299,000, total variable expenses were $215,280,
and fixed expenses were $35,300.
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