Thomas learned from his parents to look both ways every time…

Thomas learned from his parents to look both ways every time he crossed the street in front of his house. On his first day of school, Thomas had to cross the street in front of the school. Without being told, Thomas looked both ways for cars before crossing the street. This is an example of ___________.

Blarney Corporation expected to sell 150,000 games during th…

Blarney Corporation expected to sell 150,000 games during the month of November. The following budgeted data are based on that level of sales: Revenue (150,000 games) $2,400,000 Variable expenses 1,425,000 Fixed manufacturing overhead expenses 250,000 Fixed selling & administrative expenses 500,000 Net operating income 225,000   Calculate the contribution margin ratio. Calculate the operating leverage. Blarneys’ actual sales during November were 200,000 games. What should the actual net operating income during November have been?