Exercise 6-4(Algo) Computing and Using the CM Ratio [LO6-3] Last month when Holiday...
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Accounting
Exercise Algo Computing and Using the CM Ratio LO
Last month when Holiday Creations, Incorporated, sold units, total sales were $ total variable expenses were $ and fixed expenses were $
Required:
What is the company's contribution margin CM ratio?
What is the estimated change in the company's net operating income if it can increase sales volume by units and total sales by $Do not round intermediate calculations.
table Contribution margin ratio,
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