The following CVP income statements are available for Ivanhoe Corp. and Oriole, Inc. Sales revenue Variable costs Contribution margin Fixed costs Net income (a) Ivanhoe Ivanhoe Corp. Oriole $602,000 301,000 301,000 193,500 $107,500 Oriole, Inc. Degree of Operating Leverage $602,000 182,750 419,250 Compute the degree of operating leverage for each company. (Round answers to 1 decimal place, e.g. 15.5.) 311,750 $107,500

The following CVP income statements are available for Ivanhoe Corp. and Oriole, Inc. (a) Compute the degree of operating leverage for each company. (Round answers to 1 decimal place, e.s. 15.5.)