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1) what is the overall contribution margin ratio for the company 2) what is the companies overall break even point in dollar sales 3) prepare

1) what is the overall contribution margin ratio for the company
2) what is the companies overall break even point in dollar sales
3) prepare a contribution format income statement at the companys break even point that shows the appropriate levels of sales for the two products image text in transcribed
image text in transcribed
Exercise 6-10 Multiproduct Break-Even Analysis (L06-9) Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Claimjumper Makeover Total Sales $118,000 $ 59,000 $ 177,000 Variable expenses 36,400 7,850 44,250 Contribution margin $ 81,600 $ 51,150 132,750 Fixed expenses 87.750 Net operating income $ 45,000 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2. What is the company's overall break-even point in dollar sales? 3. Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a contribution format income statement at the company's break even point that shows the appropriate levels of sales for the two products. (Do not round intermediate calculations, Round your answers to the nearest dollar amount.) Lucido Products Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a contribution format income statement at the company's break-even point that shows tu for the two products. (Do not round intermediate calculations. Round your answers to the neares Lucido Products Contribution Income Statement Claimjumper Makeover Total $ 0 0 Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) 0 $ 0 0

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