Operating Leverage Haywood Co. reports the following data: Sales $6,160,000 Variable costs (4,620,000) Contribution margin $1,540,000 Fixed costs (440,000) Operating income $1,100,000 Determine Haywood Co.’s operating leverage. Round your answer to one decimal place.

FINANCIAL ACCOUNTING
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Operating Leverage

Haywood Co. reports the following data:

Sales $6,160,000
Variable costs (4,620,000)
Contribution margin $1,540,000
Fixed costs (440,000)
Operating income $1,100,000

Determine Haywood Co.’s operating leverage. Round your answer to one decimal place.

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