# Magic Realm, Inc., has developed a new fantasy board game. The company sold 15,000 games last year at a selling price of $20 per game. Fixed expense associated with the game total$182,000 per year, and variable expense are $6 per game. Production of the game is entrusted to a printing contractor. Variable expense 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. (Ro 1 answer ###### Question: Magic Realm, Inc., has developed a new fantasy board game. The company sold 15,000 games last year at a selling price of$20 per game. Fixed expense associated with the game total $182,000 per year, and variable expense are$6 per game. Production of the game is entrusted to a printing contractor. Variable expense 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. (Round your answer to 1 decimal place.)
2.
Management is confident that the company can sell 18,000 games next year (an increase of 3,000 games, or 20%, over last year).
a.
Compute the expected percentage increase in net operating income for next year. (Do not round intermediate calculations.)
b.
Compute the expected total dollar net operating income for next year. (Do not prepare an income statement; use the degree of operating leverage to compute your answer.) (Do not round intermediate calculations.)

### I am all alone. Please tell how to make friends.​

I am all alone. Please tell how to make friends.​...

### Solve the equation for x, where x is a real number (5 points): -13x^2 + 17x + 39 = 44

Solve the equation for x, where x is a real number (5 points): -13x^2 + 17x + 39 = 44...

### There are 80 girls and 70 boys in the 6th Grade at a middle school. Of these students 12 girls and 9 boys write left handed. What percentage of the sixth graders at this middle school write left-handed

There are 80 girls and 70 boys in the 6th Grade at a middle school. Of these students 12 girls and 9 boys write left handed. What percentage of the sixth graders at this middle school write left-handed...

### Find the x-intercept of the graph of each equation a. 3x+2y=7. b. 2x+3y=7

find the x-intercept of the graph of each equation a. 3x+2y=7. b. 2x+3y=7...

### Why is it important to learn about the pre-colonial literature of the Philippines​

why is it important to learn about the pre-colonial literature of the Philippines​...

### C. A modern penny actually contains only 2.5% copper. How many modern pennies would be equivalent to the volume (82.3 cubic feet)of the copper layer on the statue if we only used its copper content? Round your answer to the nearest thousand pennies.

c. A modern penny actually contains only 2.5% copper. How many modern pennies would be equivalent to the volume (82.3 cubic feet)of the copper layer on the statue if we only used its copper content? Round your answer to the nearest thousand pennies....

### Use mental math. A resort has 380 rooms with space for 6 people. Estimate the greatest number of people who could be in these rooms at the same time. Explain your thinking to a friend or family member. (Don’t do the last part. That was just in the instructions T-T)

Use mental math. A resort has 380 rooms with space for 6 people. Estimate the greatest number of people who could be in these rooms at the same time. Explain your thinking to a friend or family member. (Don’t do the last part. That was just in the instructions T-T)...

### Which of the following is an example of anthropomorphism?

Which of the following is an example of anthropomorphism?...

### What's the answer ????????

What's the answer ????????...

### How did the identities of colonizing and indigenous American societies changes as a result of contact in the Americas?

How did the identities of colonizing and indigenous American societies changes as a result of contact in the Americas?...

### Which of the following statements regarding diversity in the workplace is true? a. Nearly 73 percent of Fortune 500 companies now have at least one female executive officer. b. Due to the focus on diversity in many organizations, the number of discrimination complaints with the Equal Employment Opportunity Commission has decreased. c. Foreign-born workers make up almost 50 percent of the U.S. workforce. d. In 2015, a greater percentage of working-age women were employed in the United States than

Which of the following statements regarding diversity in the workplace is true? a. Nearly 73 percent of Fortune 500 companies now have at least one female executive officer. b. Due to the focus on diversity in many organizations, the number of discrimination complaints with the Equal Employment Oppo...

### 12. According to “Shakespeare and His Theater: A Perfect Match,” what was so elaborate the stage productions? The costumes The language The scenery The construction of the theater

12. According to “Shakespeare and His Theater: A Perfect Match,” what was so elaborate the stage productions? The costumes The language The scenery The construction of the theater...

### You need to lightly when you are late so you wont wake up your parents. O tread O promote O draught O lair

You need to lightly when you are late so you wont wake up your parents. O tread O promote O draught O lair...

### Daniel is riding around on a NYC tour bus with his family and friends. 75% of the people are family members. If there are 40 people total, how many of them are family members?

Daniel is riding around on a NYC tour bus with his family and friends. 75% of the people are family members. If there are 40 people total, how many of them are family members?...

### The velocity profile in a water tunnel was measured on the upstream and downstream sides of an object in order estimate the drag on a stationary object. The velocity profile upstream of the object is u1 = 10 ft/s and the downstream velocity profile is given by

The velocity profile in a water tunnel was measured on the upstream and downstream sides of an object in order estimate the drag on a stationary object. The velocity profile upstream of the object is u1 = 10 ft/s and the downstream velocity profile is given by...

### 3x(3x-1)-(3x+5)(3x-5)=3x+25

3x(3x-1)-(3x+5)(3x-5)=3x+25...

### Anybody Know This. ?

Anybody Know This. ?...

### Because of the identity equation that relates to net exports, the in U.S. net exports is matched by in U.S. net capital outflow. Which of the following is an example of how the United States might be affected in this scenario? Check all that apply. A. You store the Thai baht in your safety deposit box at home. B. You exchange the THB 80,000 for dollars at your local bank, which then uses the foreign currency to purchase stock in a Thai corporation. C. You purchase THB 48,000 worth of stock in

Because of the identity equation that relates to net exports, the in U.S. net exports is matched by in U.S. net capital outflow. Which of the following is an example of how the United States might be affected in this scenario? Check all that apply. A. You store the Thai baht in your safety deposit ...