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

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Question

Accounting

Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows:
Required:
What is the company's degree of operating leverage?
Using the degree of operating leverage, estimate the impact on net operating income of a 8% increase in unit sales.
Construct a new contribution format income statement for the company assuming a 8% increase in unit sales.
Complete this question by entering your answers in the tabs below.
Required 1
What is the company's degree of operating leverage?
Note: Round your answer to 2 decimal places.
Degree of operating leverage
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