Ch 5 HUY Help Save & Exit Submit Check my work 6 Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: 171 points Percent of Sales 180 Amount 5 340,000 56.000 84.000 Sales Variable expenses Contribution margin Fixed expenses Het operating income Skipood $ 60,000 Book Defences 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 13% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 13% increase in unit sales. 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 13% incre 3. Construct a new contribution format income statement for the company assuming a 13% increase in s kipped Complete this question by entering your answers in the tabs below. eBook References 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 > Skipped Complete this question by entering your answers in the tabs below. cBook References Required: Required 2 Required 3 Using the degree of operating leverage, estimate the impact on net operating income of a 13% increase in unit sales. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (ie.1234 should be entered as 12.34).) Net operating income Saved HWK i) 5 3. Construct a new contribution format income statement for the company assuming a 13% in Complete this question by entering your answers in the tabs below. Is Required 1 Required 2 Required 3 kipped Construct a new contribution format income statement for the company assuming a 13% increase eBook Engberg Company Contribution Income Statement Amount aferences Percent of Sales % % 0 0 % S