Business, 19.03.2021 01:00 genesisdiaz2562

Magic Realm, Inc., has developed a new fantasy board game. The company sold 32,400 games last year at a selling price of $63 per game. Fixed expenses associated with the game total $567,000 per year, and variable expenses are $43 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 40,824 games next year (an increase of 8,424 games, or 26%, over last year). Given this assumption: a. What is the expected percentage increase in net operating income for next year

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 18:10, Karumbafaith

Classifying inflows and outflows of cash classify each of the following items as an inflow (i) or an outflow (o) of cash, or as neither (n). lg 2 lg 2 item change ($) item change ($) cash +100 accounts receivable −700 accounts payable −1,000 net profits +600 notes payable +500 depreciation +100 long-term debt −2,000 repurchase of stock +600 inventory +200 cash dividends +800 fixed assets +400 sale of stock +1,000

Answers: 1

continue

Business, 21.06.2019 19:10, ebonsell4910

King fisher aviation is evaluating an investment project with the following case flows: $6,000 $5,500 $7,000 $8,000 discount rate 14 percent what is the discounted payback period for these cash flows if the initial cost is 15,000? what if the initial cost is $12,000? what if the cost is $16,000?

Answers: 1

continue

Business, 22.06.2019 02:00, 544620

Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?

Answers: 1

continue

Business, 22.06.2019 08:30, Naomi7021

Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?

Answers: 2

continue

You know the right answer?

Magic Realm, Inc., has developed a new fantasy board game. The company sold 32,400 games last year a...