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Book int Print 0 rences Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $30 $16 1. Margin of safety (in dollars) 2. Margin of safety percentage $12,040 1,010 Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (i.e. 1234 should be entered as 12.34).)

Book 9 Hint Print 0 erences Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Percent of Sales 100% 40% 60% Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 144,000 57,600 86,400 20,000 $ 66,400 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 15% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 15% 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.) Degree of operating leverage < Required 1 Required 2 >

1.36 points eBook Hint Print References Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statemer Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 144,000 57,600 86,400 20,000 $ 66,400 Percent of Sales 100% 40% 60% 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 15% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 15% increase in unit sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the degree of operating leverage, estimate the impact on net operating income of a 15% 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).) Net operating income Required 3 < Required 1 % Required 3 >

8 1.36 points Book Hint Print References enguerg company instans iawn sou in nome yarus, ne company's most recent monuy contribution format income statement 10lows Percent of Salen 100% 40% 60% Sales Variable expenses Contribution margin Amount $ 144,000 57,600 86,400 Tixed expenses 20,000 Net operating income $ 66,400 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 15% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 15% increase in unit sales. Complete this question by entering your answers in the tabs below. Required 1 Requ Construct a new contribution format income statement for the company assuming a 15% increase in unit sales. Engberg Company Contribution Income Statement Required 31 Amount Percent of Sales < Required 2 % %