Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows Percent of 072 Amount Sales points Sales $123,000 100% Variable expenses) 49,200 40% Contribution margin 73,000 60% Fixed expenses 20,000 Net operating income $53,800 eBook Required: H Prim 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 27% increase in unit sales 3. Construct a new contribution format income statement for the company assuming a 27% increase in unit sales Complete this question by entering your answers in the tabs below. 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 Replin 1 Required 2 > Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows Percent of 072 points Amount Sales Sales 5 123,000 100% Variable expenses Contribution margin 49,200 40x 73,800 Fixed expenses 20,000 Net operating Income $53,800 eBook Hint Print 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 27% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 27% increase in unit sales Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Using the degree of operating leverage, estimate the impact on net operating income of a 27% 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 by Percent of Amount Sales points Sales Variable expenses $123,000 49,200 100% 40x Contribution margin 73,800 60% Fixed expenses 20,000 etlook Net operating Income $ 53,000 072 Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows 10 10 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 27% increase in unit sales 3. Construct a new contribution format income statement for the company assuming a 27% increase in unit sales Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 27% increase in unit sales. Engberg Company Contribution Income Statement Amount Percent of Sales % % 0 0%