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A company's most recent monthly contribution format income statement follows: Percent of Sales 100% 40% tex Amount $ 149,000 59,600 89,400 20.000 $ 69,480 Sales

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A company's most recent monthly contribution format income statement follows: Percent of Sales 100% 40% tex Amount $ 149,000 59,600 89,400 20.000 $ 69,480 Sales Variable expenses Contribution margin Fixed expenses Net operating income 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 17% increase in unit sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the company's degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating loverage Required: Required 2 > A company's most recent monthly contribution format income statement follows: Percent of Sales 100% 40% 60% Amount $ 149,000 59,600 89,400 20,000 $ 69,480 Sales Variable expenses Contribution margin Fixed expenses Net operating income 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 17% 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 17% 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).) by % Net operating income

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