completion H0 Wicate Return to question Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: points Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 9,720 960 Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (.e. 1234 should be entered as 12.34).) Answer is complete but not entirely correct. Margin of safety (in dollars) Margin of safety percentage $ 4,200 16.00 % Next > ter 5 Help Save & Exit Subm Check my work Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Percent of Sales 100% 40% Amount $ 126,000 50,400 75,600 25,000 $ 50, 600 Sales Variable expenses Contribution margin Fixed expenses Net operating income -Book 608 Hint Print 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 25% increase in sales. 3. Construct a new contribution format income statement for the company assuming a 25% increase in 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