20.00 points Magic Realm, Inc, has developed a new fantasy board game. The company sold 32,400 games last year at a selling price of $68 per game. Fixed expenses associated with the game total $567,000 per year, and variable expenses are $48 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 Magic Realm, Inc. Contribution Income Statement Total Per Unit 1-b. Compute the degree of operating leverage. levera 2- Management is confident that the company can sell 40,500 games next year (an increase of 8.100 games, or 25%. over last year) a. Compute the expected percentage increase in net operating income for next year ratin e incr Caljmane tho tede tota oler nit gpereting noome fofened ear o not prepare an income b. Compute statement use the degree of operating leverage to compute your answer.) Type here to search