? 5 value 2.00 points Magic Realm,...
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5 value 2.00 points Magic Realm, Inc., has developed a new fantasy board game. The company sold 36,000 games last year at a selling price of $63 per game. Fixed expenses associated with the game total $630,000 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 Magic Realm, Inc. Contribution Income Statement Total Per Unit 1-b. Compute the degree of operating leverage Degree of operating leverage
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