ABC Company manufactures computer monitors. Following is a summary of its basic cost and revenue data: Sales price Variable costs contribution margin Per Unit $ 580 348 $ 232 1. Calculate ABC Company's degree of operating leverage (DOL) if 700 units are sold. 2. Define what is meant by the DOL. 3. Of what purpose/value is the DOL to decision makers? Percent 100 60 40 Assume that ABC Company is currently selling 700 computer monitors per month. Fixed costs are expected to be $96,000. Required: