The single-column CVP income statements shown below are available for Cullumber Company and Blossom Company. Sales Variable costs Contribution margin Fixed costs Net income Cullumber Co. $505,000 247,000 258,000 158,000 $100,000 Blossom Co. $505,000 Degree of Operating Leverage 49,000 456,000 356,000 $100,000 (a1) Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, e.g. 1.15.) TI

The single-column CVP income statements shown below are avallable for Cullumber Company and Blossom Company. (a1) Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, eg. 1.15.)