Question 11- Engberg Company installs lawn sod in home yards. The companys most recent monthly...
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Question 11- Engberg Company installs lawn sod in home yards. The companys most recent monthly contribution format income statement follows: Amount Percent of Sales Sales $ 82,000 100% Variable expenses 32,800 40% Contribution margin 49,200 60% Fixed expenses 39,360 Net operating income $ 9,840 Required: 1. What is the companys degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 7% increase in unit sales. 3. Construct a
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