Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 144,000 57,500 86,40 23, eee $ 63,400 Percent of Sales 100% 48 50% 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 28% increase in unit sales 3. Construct a new contribution format income statement for the company assuming a 28% increase in unit sales Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3
Check my work SA Variable expenses Contribution margin Fixed expenses Net operating income > 144,00 57,600 86,400 23,000 $ 63,400 LA 40 68% 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 28% increase in unit sales 3. Construct a new contribution format income statement for the company assuming a 28% increase in unit sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's degree of operating leverage? (Round your answer to 2 decimal places.) Dogme of operating loverage Remed Required 2 >
Check my we JU Variable expenses Contribution margin Fixed expenses Net operating income > 14,000 57,6ee 86,400 23, eee $ 63,480 100 4e bex 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 28% increase in unit sales 3. Construct a new contribution format income statement for the company assuming a 28% 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 28% increase in unit sales. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (.e.1234 should be entered as 12.34).) Net operating income by 96
Check my work 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 28% increase in unit sales 3. Construct a new contribution format income statement for the company assuming a 28% increase in unit sales 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 28% increase in unit sales. Engberg Company Contribution Income Statement Percent of Sales Amount % % 36
Check my work Engberg Check my work Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format inc
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am