Question: All those three in one question. Help Save&Exit Submit Check my work Magic Realm, Inc, has developed a new fantasy board game. The company sold
Help Save&Exit Submit Check my work Magic Realm, Inc, has developed a new fantasy board game. The company sold 24,900 games last year at a selling price of $64 per game. Fbxed expenses associated with the game total $415,000 per year, and variable expenses are $44 per game. Production of the is entrusted to a printing contractor. Variable expenses consist mostly of payments to this contractor Required: 1-a. Prepare a contribution format income statement for the game last year 1-b. Compute the degree of operating leverage 2. Management is confident that the company can se 30,378 games next year an in rease of 5,478 games, or 22% over last year). Given this assumption: a. What is the expected percentage increase in net operating income for next year? b. What is the expected amount of net operating income for next year? (Do not prepare an income statement use the degree of operating leverage to compute your answer) Complete this question by entering your answers in the tabs below Req 2 Req 1A Req 18 on format income statement for the game last year Contribution Income Statement Total Per Unit 0 0
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