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Required: 1-a. Prepare a contribution format income statement for the game last year. ...

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Accounting

Required:
1-a. Prepare a contribution format income statement for the game last year.
1-b. Compute the degree of operating leverage.
Management is confident that the company can sell 57,960 games next year (an increase of 11,960 games, or 26%, over
last year). Given this assumption:
a. What is the expected percentage increase in net operating income for next year?
b. What is the expected amount of net operating income for next year? (Do not prepare an income statement; use the degree
of operating leverage to compute your answer.)
Complete this question by entering your answers in the tabs below.
Req 1A
Prepare a contribution format income statement for the game last year.
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