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can you complete requirement 5 with the numbers listed in the sevond picture What is the operating leverage factor at this level of sales? Begin

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What is the operating leverage factor at this level of sales? Begin by determining the formula Contribution margin Operating income Operating leverage factor (Round the operating leverage factor to the decimal places) The operating leverage factoris 1.190 Requirement 5. By what percentage will operating income change if July's sales volume is 13% higher? Prove your answer. (Round the percentage to two decimal plans) 15.47 I'volume increases 13%, then operating income will increase Prove your answer (Round the percentage to two decimal places.) Original volume (cartons) 470.000 61.100 Add Increase in volume New volume (cartons) 531.100 Multiplied by Unit contribution margin S 15.00 New total contribution margin $ 7.966,500 Less Fred expenses (1.125 000 New operating income S 6.841,500 vs Operating income before change in volume (5.925.000 S 916 500 Increase in operating income Percentage change Try Spirit Calendars imprints calendars with college names. The company has fixed expenses of $1,095,000 each month plus variable expenses of $4.00 per carton of calendars. Of the variable expense, 74% is cost of goods sold, while the remaining 26% relates to variable operating expenses. The company sells each carton of calendars for $12.00 Read the requirements Requirement 1. Compute the number of cartons of calendars that Try Spirit Calendars must selleach month to breakeven Begin by determining the basic income statement equation - Operating income Requiremena 1. Compute the number of cartons of calendars that Try Spirit Calendars must sell each month to break even 2. Compute the dolar amount of monthly sales that the company needs in order to earn $312.000 in operating income (round the contribution margin ratio to two decimal places) 3. Prepare the company's contribution margin income statement for June for sales of 470,000 cartons of calendars 4. What is June's margin of safety in dollars)? What is the operating leverage factor at this level of sales? 5. By what percentage will operating income change if Julys sales volumes 13 higher? Prove your answer Print Done

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