this will set pin#15, (arduino #9) PB2, to toggle on compare match, which you can measure against using a frequency counter, or watch on an oscilloscope. the first line turns on the output toggle in the register. The second line sets the pin to output. This is for the ATmega328P
according to the datasheet linked on the Micro's product page, OC1A is a pin function of PB5, or arduino pin#9. so I would write the above line as below and take my measurement on "9".
TCCR1A = B01000000;
DDRB |= B00010000;
Looking at TCCR1A register more closely, you can break it up into 8 bits. 4 different features of Timer/Counter1 are programmed using this register's bits in pairs. The 8th and 7th bit set OC1A to toggle on compare match, 8th set to 0 and 7th to 1. OC1B is set in the same way by bits 6 and 5. OC1C is set by bits 4 and 3. OC1A is a pin function of PB5, OC1B is a pin function of PB6(arduino 10). OC1C is a pin function of PB7(arduino 11), so you can turn all 3 to toggle and set all three as outputs as follows:
TCCR1A = B01010100;
DDRB |= B01110000;
Or, if you have a use for one of these pins elsewhere you can have either A, B or C toggle.