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Saved Engberg Company Installs lawn sod in home yards. The company's most recent monthly contribution format Income statement follows. Percent of Amount Sales Sales $

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Saved Engberg Company Installs lawn sod in home yards. The company's most recent monthly contribution format Income statement follows. Percent of Amount Sales Sales $ 96,060 109% Variable expenses 38, 400 40 12 Contribution margin 57, 600 60% points Fixed expenses 43, 200 01:43:11 Net operating income $ 14, 400 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 6% Increase In unit sales. 3. Construct a new contribution format Income statement for the company assuming a 6% Increase In unit sales. Complete this question by entering your answers in the tabs below, Required 1 Required 2 Required 3 What is the company's degree of operating leverage? ( Round your answer to 2 decimal places. Degree of operating leverage Required 2

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