7 12:42 Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Percent of Sales 100% 40 60% Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 88,000 35,200 Required 1 Required 2 52,000 40,480 $ 12,320 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 8% increase in unit sales. 3. 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 3 Construct a new contribution format income statement for the company assuming a 8% increase in unit sales. Engberg Company Contribution Income Statement Amount Percent of Sales % % % Help

Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!

During the research​ process, if you are unsure whether or not​ you've found all the relevant​ literature, what should you​ do?   A. Google it to see if there is anything else​ you've missed.   B. Call your manager to verify that​ you've found it all.   C. Use the search engine included in the Codification.   D. Complain that​ it's too much work and call it a day.

is there a way to do this question with formulas and a calculator instead of excel? if so please upload the solution this way