Question: Current Attempt in Progress Oriole's Shingle Corporation is considering the purchase of a new automated shingle-cutting machine. The new machine will reduce variable labor costs

 Current Attempt in Progress Oriole's Shingle Corporation is considering the purchase

Current Attempt in Progress Oriole's Shingle Corporation is considering the purchase of a new automated shingle-cutting machine. The new machine will reduce variable labor costs but will increase depreciation expense. Contribution margin is expected to increase from $303.660 to $334,026. Net income is expected to be the same at $48,200. Compute the degree of operating leverage before and after the purahase of the new equipment. (Round answers to 2 decimal places, es? 1.52. Degree of operating leverage (old) Degree of operating leverage (new) Attempts: unlimited

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