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10. Butremovic Corporation's contribution format income statement for the most recent month follows: Sales Variable expense60.500 Contribution margin . Fixed expenses Net operating income .

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10. Butremovic Corporation's contribution format income statement for the most recent month follows: Sales Variable expense60.500 Contribution margin . Fixed expenses Net operating income . $121,000 60,500 43.700 Required: a. Compute the degree of operating leverage to two decimal places. Using the degree of operating leverage, estimate the percentage change in net operating income that should result from an 10% increase in sales

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