The CVP income statements shown below are available for Armstrong Company and Contador Company Sales Variable costs Contribution margin Fixed costs Net income Co. $495,000 239,000 256,000 159,000 $97,000 $495,000 51,000 444,000 347,000 $97,000 (a) Compute the degree of operting leverage for each company. (Round answers to 3 decmal places, e.g. 1.150.) Armstrong 2.63 Contador 4.57 (b) Assuming that sales revenue increases by 10%, prepare a variable costing income statement for each company. Armstrong Company Contador Company xed Costs