Lofft Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (2,000 units) $ 120,000
Variable expenses 90,000
Contribution margin 30,000
Fixed expenses 16,500
Net operating income $ 13,500

Using the degree of operating leverage, the estimated percent increase in net operating income as the result of a 10% increase in sales volume is closest to: (Round your intermediate calculations to 1 decimal place.)

d) social security number

let me know if i am correct or not, so i can edit the answer.

anyone below or above ambitious can tell you. so crowns mean brainliest. getting brainliest means your answer needs a good explanation and the person asking the question can understand your answer easily. so say there's a multiple choice question. you don't just want to say your answer is a, hope it . provide evidence and reasoning so that they know that that is the correct answer. a good explanation should have evidence, good reasoning, and your opinion on why you picked that. you don't want to look up their question on the internet and see if you can answer it. pick questions that you 100% know the answer to, so than that way you can provide a better explanation.

best of luck,

the divergent