3 Last month when Holiday Creations, Incorporated, sold 50,000 units, total sales were $200,000, total...

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3 Last month when Holiday Creations, Incorporated, sold 50,000 units, total sales were $200,000, total variable expenses were $120,000, and fixed expenses were $65.000 19 points 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 sales volume by 250 units and total sales by $1,000? eBook 1. Contribution margin ratio 2 Estimated change in net operating income Hint

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