Lin Corporation has a single product whose selling price is $120 per unit and whose variable expense is $80 per unit. The company's monthly fixed expense is $50,000. Required: 1. Calculate the unit sales needed to attain a target profit of $10,000. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $15,000 (Round your intermediate calculations to the nearest whole number) Answer is complete but not entirely correct. 1 1,500 units Units sales to attain target profit Dollar sales to attain target profit 2 $ 1.625 Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 80,00 32,000 48,000 38,000 $ 10,000 Percent of Sales 100x 40x 60x 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 sales Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (Do not round 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 sales. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (Do not round intermediate calculations.) Net operating increases income by 5 %