A manufacturer of potting soil has the following financial data:
Pounds produced and sold................................................................24,600
Sales.......................................................................................$192,300
Less: Variable manufacturing costs.....................................................120,900
Fixed manufacturing costs................................................................10,000
Variable selling and administrative costs...............................................30,900
Fixed selling and administrative costs..................................................15,100
Net operating income
What is the company's degree of operating leverage? (Round answer to 2 decimal places, e.g. 1.64.)...................................................................................... $15,400