managerial accounting

Exercise 2-9 (Algo) Compute and Use the Degree of Operating Leverage [LO2-8] Engberg Company instalis lawn sod in home yards. The company's most recent monthly contribution format income statement follows: 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 11: increase in unit sales 3. Construct a new contribution format income statement for the company assuming a 11% increase in unit sales: Complete this question by entering your answers in the tabs below. What is the company's degree of operating leverage? Note: found your answer to 2 decimal places. Complete this question by entering your answers in the tabs below. Using the degree of operating leverage, estimate the impact on net operating income of a 11% increase in unit sales. Note: Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (i.e . 1234 should be entered as 12.34). 3. Construct a new contribution format income statement for the company assuming a 11% increase in unit sales. Complete this question by entering your answers in the tabs below. Construct a new contribution format income statement for the company assuming a 11% increase in unit sales