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follows: 10 Percent of points Amount Sales Sales $ 80, 000 1008 Variable expenses 32, 000 408 Contribution margin 48, 000 609 Fixed expenses 38,

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follows: 10 Percent of points Amount Sales Sales $ 80, 000 1008 Variable expenses 32, 000 408 Contribution margin 48, 000 609 Fixed expenses 38, 000 eBook Net operating income $ 10, 000 Hint 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 5% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 5% increase in unit sales. Print 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 5% increase in unit sales. Engberg Company Contribution Income Statement Amount Percent of Sales % %

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