Question 10 of 11 View Policies Current Attempt in Progress The CVP income statements shown below are available for Armstrong Company and Contador Company Armstrong Co. Contador Co. Sales $503.000 $500,000 Variable costs 248,000 46,000 Contribution margin 255,000 457,000 Fixed costs 155,000 357,000 Net income $100,000 $100,000 (a1) Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, eg. 1.15) Degree of Operating Leverage Armstrong Contador -18!