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Eickhoff Corporation's Contribution Format Income Statement for the Most Recent

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Eickhoff Corporation's contribution format income statement for the most recent month follows: Eickhoff Corporation's contribution format income statement for the most recent month follows:   Required: a. Compute the degree of operating leverage to two decimal places. b. Using the degree of operating leverage, estimate the percentage change in net operating income that should result from a 1% increase in sales. Required:
a. Compute the degree of operating leverage to two decimal places.
b. Using the degree of operating leverage, estimate the percentage change in net operating income that should result from a 1% increase in sales.


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