Using the same information we used to solve the original Cost of Asphalt problem, answer the questions below with the following new information: It has been estimated that the cost of expanding the Hamilton Avenue Plant beyond its current 100,000 ton capacity would cost $8 per ton of expansion. That is, if the City decided to expand the capacity of the plant by 10,000 tons to 110,000, it would incur a cost of $80,000. (Assume that is an amortized cost estimate and that cost could be added directly to the total cost function.) 1. How much would it be willing to invest (how much capacity would it add) in that expansion

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.)