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each photo is one one of 3 requirements. Engberg Company Installs lawn sod in home yards. The company's most recent monthly contribution format Income statement
each photo is one one of 3 requirements. Engberg Company Installs lawn sod in home yards. The company's most recent monthly contribution format Income statement follows: oints Percent of Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 144,000 57.600 86,400 17.000 $ 69.400 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 26% increase in sales. 3. Construct a new contribution format income statement for the company assuming a 26% 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.) Degree of operating leverage Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Variable supenses Contribution margin 57.500 86,600 et operating Required 1. What is the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on the operating income of 20% increase in 3. Construct a new contribution format income statement for the company assuming a 26% increase in sales Complete this question by entering your answers in the tabs below Required Reed Regard Using the degree of operating leverage, estimate the impact on net operating income of increase in sales. Do not round intermediate cations Round your parent s to 2 decimal pe 0.0.234 should be entered as 1234) Net operating income (Begured points 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 26% increase in sales. 3. Construct a new contribution format Income statement for the company assuming a 26% Increase in sales. Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 26% increase in sales. Engberg Company Contribution Income Statement Amount Percent of Sales Required 2
each photo is one one of 3 requirements.
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