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Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows Book Hint Print ferences Sales Variable
Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows Book Hint Print ferences Sales Variable expenses Contribution margin Fixed expenses Net operating Income Required: Amount Percent of Sales $ 149,000 100% 59.600 40 89,400 60% 20,000 $ 69,400 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 28% increase in unit sales 3 Construct a new contribution format income statement for the company assuming a 28% increase in unit sales Complete this question by entering your answers in the tabs below. Required 1 Required 21 Required 31 What is the company's degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage Required 2 >
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