Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows Percent of Sales 100% 40% 60% Amount Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 133,000 53,200 79,800 19,000 $ 60,800 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 1Required 2 Required3 What is the company's degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage Required 1 Required 2 Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Total Claimjumper $ 96,000 Makeover Sales Variable expenses Contribution margin Fixed expenses Net operating income 48,000 144,000 35,560 7,640 $ 40, 360 43,200 100,800 78, 330 $ 22,470 $ 60,440 Required 1. What is the overall contribution margin (CM) ratio for the company? 2. What is the company's overall break-even point in dollar sales? 3. Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products Complete this question by entering your answers in the tabs below Required 1Required 2 Required3 What is the overall contribution margin (CM) ratio for the company? Overall CM ratio Required 1 Required 2 >