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Check my work 4 Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows Percent of Sales
Check my work 4 Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows Percent of Sales 100% 40 608 Anount Sales Variable expenses Contribution margin Pixed expenses Net operating ineone $ 138,000 55,200 82,800 23,000 s 59,800 10 points eBook Print References 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 10% increase in sales. 3. Construct a new contribution format income statement for the company assuming a 10% increase in sales. Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 What is the company's degree of operating leverage? (Round your answer to 2 decimal places.) Required 2> References 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 10% increase in sales. 3-Construct a new contribution format income statement for the company assuming a 10% increase in sales. Complete this question by entering your answers in the tabs below Required 1 Required2 Required 3 Using the degree of operating leverage, estimate the impact on net operating income of a 10% increase in sales. (Do not round intermediate calculations. Round your percentage answer to 2 decimal places (i.e 0.1234 should be entered as 12.34).) Required 1 Required 3> Required: 1. What is the company's degree of operating leverage? 2. Usi 3. Construct a new contribution format income statement for the company assuming a 10% increase in sales. ing the degree of operating leverage, estimate the impact on net operating income of a 10% increase in sales. 10 points Complete this question by entering your answers in the tabs below eBook Print References Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 10% increase in sales Contribution Income Statement Amount Percent of Sal Required 2
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