The following income statement applies to Campbell Company for the current year: Income Statement Sales revenue...

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The following income statement applies to Campbell Company for the current year: Income Statement Sales revenue (380 units $28) Variable cost (380 units $13) Contribution margin Fixed cost Net income $10,640 (4,940) 5,700 (3,800) $ 1,900 Required a. Use the contribution margin approach to calculate the magnitude of operating leverage. b. Use the operating leverage measure computed in Requirement a to determine the amount of net income that Campbell Company will earn if it experiences a 10 percent increase in revenue. The sales price per unit is not affected. c-1. Verify your answer to Requirement b by constructing an income statement based on a 10 percent increase in sales revenue. The sales price is not affected. c-2. Calculate the percentage change in net income for the two income statements. Complete this question by entering your answers in the tabs below. Req A and B Req C1 Req C2 Use the contribution margin approach to calculate the magnitude of operating leverage. use the operating leverage measure computed in Requirement a to determine the amount of net income that Campbell Company will earn if it experiences a 10 percent increase in revenue. The sales price per unit is not affected. (Do not round intermediate calculations. Round "Operating leverage" to 2 decimal place.) a. Operating leverage b. Net income times The following income statement applies to Campbell Company for the current year: Income Statement Sales revenue (380 units $28) Variable cost (380 units $13) Contribution margin Fixed cost Net income $10,640 (4,940) 5,700 (3,800) $ 1,900 Required a. Use the contribution margin approach to calculate the magnitude of operating leverage. b. Use the operating leverage measure computed in Requirement a to determine the amount of net income that Campbell Company will earn if it experiences a 10 percent increase in revenue. The sales price per unit is not affected. c-1. Verify your answer to Requirement b by constructing an income statement based on a 10 percent increase in sales revenue. The sales price is not affected. c-2. Calculate the percentage change in net income for the two income statements. Complete this question by entering your answers in the tabs below. Req A and B Req C1 Req C2 Use the contribution margin approach to calculate the magnitude of operating leverage. use the operating leverage measure computed in Requirement a to determine the amount of net income that Campbell Company will earn if it experiences a 10 percent increase in revenue. The sales price per unit is not affected. (Do not round intermediate calculations. Round "Operating leverage" to 2 decimal place.) a. Operating leverage b. Net income times