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Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format...

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Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows Percent of Sales 100% 40% Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 142,000 56,Bee 85,200 24,000 $ 61,200 Required: 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 17% increase in unit sales 3. Construct a new contribution format income statement for the company assuming a 17% increase in unit sales. Complete this question by entering your answers in the tabs below Help Save & Exit Submit 3. Construct a new contribution format income statement for the company assuming a 17% increase in unt sales Check my werk 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 operating leverage Requiced 1 Required 2 > COS

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