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Daley Co. manufactures computer monitors. Following is a summary of its basic cost and revenue data: sales price $580 100 variable cost 348 60 unit

Daley Co. manufactures computer monitors. Following is a summary of its basic cost and revenue data: sales price $580 100 variable cost 348 60 unit contribution margin $232 40 Assume that Daley Co. is currently selling 700 computer monitors per month. Fixed costs are $96,000. Required: Calculate Daley Co.'s operating leverage if 700 units are sold. Round your answer to 3 decimal places

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