Exercise 6-14 The CVP income statements shown below are available for Armstrong Company and Contador Company. Armstrong Co. Contador Co. Sales Variable costs Contribution margin Fixed costs Net income $490,000 247,000 243,000 163,000 $80,000 $490,000 45,000 445,000 365,000 $80,000 (a) Compute the degree of operating leverage for each company. (Round answers to 3 decimal places, e.g. 1.150.) Degree of Operating Leverage Armstrong Contador