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Aleks04 [339]
3 years ago
15

Magic Realm, Inc., has developed a new fantasy board game. The company sold 16,400 games last year at a selling price of $70 per

game. Fixed expenses associated with the game total $246,000 per year, and variable expenses are $50 per game. Production of the game 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 sell 20,500 games next year (an increase of 4,100 games, or 25%, over last year). Given this assumption: a. What is the expected percentage increase in net operating income for next year
Business
1 answer:
olga nikolaevna [1]3 years ago
8 0

Answer:

feelsbad

Explanation:

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