Exercise 5-9 (Algo) Compute and Use the Degree of Operating Leverage (LOS-8) Engberg Company installs iawn sod in home yards. The company's most recent monthly contribution format income statement follows: Percent of Galer 1001 Amount 5.131,000 52,400 78.600 21,000 Sales Variable expenses Contion margin Yaxed expenses Set operating Income sos Required: 1. What the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income la 16% increase in sales 3. Construct a new contribution format income statement for the company assuming a 16% increase in units Complete this question by entering your answers in the tabs below Regard neque What is the company's of pating leverage and we Next > MacBook Air % 5 6 o R. W H D