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Safari $ 84,000 33,600 50,400 38,640 11,760 File Edit View History Bookmarks Window Help a ezto.mheducation.com QUestion 8 - Hom... Homework - 1.11 points eBook Hint Print References Graw Hill Course Hero CH 05 0 Course Hero Course Hero Saved Course Hero Course Hero Course Hero Help Save & Exit Submit Check my work Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Amount Sales Variable expenses Contribution margin Fixed expenses Net operating income Required: Percent of Sales 100% 40 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 5% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 5% 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 operatin leverage Required < Prev Mon Feb 20 6:35 PM 00 oo Course Hero ssage C132-... Shot 3.33 PM cx- ting Plan ate.docx Required 2 8 of 9 Next > regoegoosona@awsmo ooo