Suppose an american worker can make 20 pairs of shoes or grow 100 apples per day. on the other hand, a canadian worker can produce 10 pairs of shoes or grow 20 apples per day. the opportunity cost of one pair of shoes for the united states is while the opportunity cost of one pair of shoes for canada is choice a. 2.000 apples; 200 apples b. 5 apples; 2 apples c. 5 apple, ½ apple d. 100 apples; 20 apples

Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.