QUESTION 15 Lilou Co 's contribution format income statement for the most recent month is shown below Total Sales $ 84,000 Variable expenses 33,600 Contribution margin 50,400 Fixed expenses 40,320 Net operating income $ 10,080 If the company has a degree of operating leverage of 5 00 and estimates a 6 increase in unit sales, what would be the company's revised net operating income Do not include a dollar sign in your response

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Question: QUESTION 15 Lilou Co.'s contribution format income statement for the most recent month is shown below: Total Sales $ 84,000 Variable expenses 33,600 Contribution margin

QUESTION 15

Lilou Co.'s contribution format income statement for the most recent month is shown below:

		Total
Sales		$ 84,000
Variable expenses		33,600
Contribution margin		50,400
Fixed expenses		40,320
Net operating income		$ 10,080

If the company has a degree of operating leverage of 5.00 and estimates a 6% increase in unit sales, what would be the company's revised net operating income? Do not include a dollar sign in your response.

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