Assume that casio computer company, ltd. sells handheld communication devices for $120 during august as a back-to-school special. the normal selling price is $180. the standard variable cost for each device is $60. sales for august had been budgeted for 500,000 units nationwide; however, due to the slowdown in the economy, sales were only 450,000. compute the revenue, sales price, sales volume, and net sales volume variances.

The blank is type of decision-maker who over analyzes information

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

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 expenses associated with the game total $182,000 per year, and variable expenses are $6 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 58,880 games next year (an increase of 12,880 games, or 28%, 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.)