Question: QS 05-16 Operating leverage analysis LO A2 Singh Co. reports a contribution margin of $1,220,000 and fixed costs of $976,000. (1) Compute the company's degree

QS 05-16 Operating leverage analysis LO A2 Singh Co. reports a contribution margin of $1,220,000 and fixed costs of $976,000. (1) Compute the company's degree of operating leverage. (2) If sales increase by 10%, what amount of income will Singh Co. expect? points Degree of operating leverage Percent change in income Amount of income reported

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