Imagination Park competes with Splash World by providing a variety of rides. Imagination Park sells tickets at $100 per person as a one-day entrance fee. Variable costs are $20 per person, and fixed costs are $480,000 per month. The breakeven number of tickets is 6,000. If Imagination Park expects to sell 7,500 tickets, compute the degree of operating leverage (round to two decimal places). Estimate the operating income if sales increase by 10%. Begin by selecting the formula labels and then entering the amounts to compute the degree of operating leverage for Imagination Park. (Round the degree of operating leverage to two decimal places, X.XX.) Degree of operating leverage II = 11 = Estimate the new operating income if total sales increase by 10%. (Round your final answer to the nearest dollar) The estimated operating income will be

Imagination Park competes with Splash World by providing a variety of rides. Imagination Park sells tickets at $100 per person as a one-day entrance fee. Variable costs are $20 per person, and fixed costs are $480,000 per month. The breakeven number of tickets is 6,000. If Imagination Park expects to sell 7,500 tickets, compute the degree of operating leverage (round to two decimal places). Estimate the operating income if sales increase by 10% Begin by selecting the formula labels and then entering the amounts to compute the degree of operating leverage for Imagination Park. (Round the degree of operating leverage to two decimal places, XXX ) rage Estimate the new operating income if total sales increase by 10%. (Round your final answer to the nearest dollar) The estimated operating income will be