onnect.mineducation.cf M Gmail YouTube Maps A Disciple Why bra... 5 New Tab Assignment 3 Saved Help 13 Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: 11 points Sales Variable expenses Amount $ 80,000 32,000 Percent of Sales 1000 405 608 eBook Contribution margin Fixed expenses 48,000 38,000 Hint Net operating incone $ 10,000 Print References Required: 1. Compute the company's degree of operating leverage. (Round your answer to 1 decimal place.) Degree of operating leverage 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 income by % Ball Assignment Saved 13 11 points eBook 3. Construct a new contribution format income statement for the company assuming a 5% increase in sales. Print Engberg Company Contribution Income Statement Total References Me MY . Prev 13 of 18 Next A