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Hi- Can I please have assistance on the following: Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income

Hi- Can I please have assistance on the following:

Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows:

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Percent of Amount Sales Sales $ 122,000 100% Variable expenses 48,800 40% Contribution margin 73,200 60% Fixed expenses 24,000 Net operating income $ 49:200 [ Required 1 Required 2 Required 3 What is the company's degree of operating leverage? (Round your answer to 2 decimal places.) Required 1 Required 2 Required 3 Using the degree of operating leverage, estimate the impact on net operating income of a 16% increase in unit sales. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (Le .1234 should be entered as 12.34).) Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 16% increase in unit sales. Engberg Company Contribution Income Statement Amount Percent of Sales % % %

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