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3 Engberg Company installs lawn sod in nome yards. The company's most recent monthly contribution format income statement Percent of Sales Amount Sales $ 128,000 100% 51,200 40% Variable expenses Contribution margin 76,800 60% Fixed expenses 23,000 Net operating income $ 53,800 38:08 Required: 1. What is the company's degree of operating leverage? ok 2. Using the degree of operating leverage, estimate the impact on net operating income of a 27% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 27% increase in unit sales. nt it 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.) Degree of operating leverage Required 1 Required 2 >
57 Engberg Company installs lawn sod in nome yards. The company's most recent monthly contribution format income statement follow Percent of Sales Amount Sales $ 128,000 100% Variable expenses 51,200 40% Contribution margin 76,800 60% Fixed expenses 23,000 Net operating income. $ 53,800 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 27% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 27% increase in unit sales. Complete this question by entering your answers in the tabs below. Required 1 Režjuired 2 Required 3. Using the degree of operating leverage, estimate the impact on net operating income of a 27% increase in unit sales. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (i.e.1234 should be entered as 12.34).) by % Net operating income Pequired 1 Required 2 8 of 9 Next > Prov *** HH
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 27% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 27% 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 27% increase in unit sales. Engberg Company Contribution Income Statement Amount Percent of Sales % + % % < Required 2 Mequired 3