1 answer

Required information [The following information applies to the questions displayed below) $ Income Statement Sales (1,units)...

Question:

Required information [The following information applies to the questions displayed below) $ Income Statement Sales (1,units)

Required information [The following information applies to the questions displayed below) $ Income Statement Sales (1,units) Variable expenses Contribution margin Fixed expenses Net operating income 45, eee 31,5ee 13,500 8,640 4.860 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase in sales? The increase in sales is within the relevant range. (Round your intermediate calculations and final answer to 2 decimal places.) Increase in net operating income

Answers

Contribution margin 13500
Divide by Net Operating income 4860
Degree of Operating leverage 2.78
13
Degree of Operating leverage 2.78
X Percentage increase in Sales 5%
Increase in Net Operating income 13.90%
.

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