Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Percent of Amount Sales Sales $ 122,000 1805 Variable expenses 48,800 40 Contribution margin 73,200 60% Fixed expenses 22,000 Net operating income $ 51,200 Required: 1. What is the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 29% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 29% increase in unit sales Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 What is the company's degree of operating leverage? (Round your answer to 2 decimal places) Degree of operating leverage
Engberg Company installs town sod in home yards. The company's most recent monthly contribution format income statement follows. Percent of Amount Sales Sales $ 122,000 2001 Variable expenses 48,800 40 Contribution margin 73,200 604 Fixed expenses 22,000 Net operating income $ 51,200 Required: 1. What is the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 29% increase in unit sales. 3. Construct a new contribution format Income statement for the company assuming a 29% increase in unit sales, Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Using the degree of operating leverage, estimate the impact on net operating income of a 29 increase in unit sales (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places ( 1234 should be entered as 12.34)) Net operating income
Check my 2. USHY VYCE pelay revelaye, sumowe RPG RUPANY HILUIN UI 230 V SR 3. Construct a new contribution format income statement for the company assuming a 29% increase in unit sales. a Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 29% increase in unit sales. Engberg Company Contribution Income Statement Amount Percent of Sales % X Required 2
Check my w Engberg Check my w Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income
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