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2 Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below.
2 Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below. 25 points Sales Variable expenses claimjumper $ 114,000 20,360 Makeover Total 3 57,000 171,000 Contribution margin $ 85,640 $ 5,840 51,160 34,200 136,800 Fixed expenses 92,880 ellock Net operating income 43,920 Print Required: 1. Compute the overall contribution margin (CM) ratio for the company. Overal CM ratio 80% Hint References Ch 2 25 points eBook Hint 2. Compute the overall break-even point for the company in dollar sales. (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) Overall break-even point $ 111,300 Print References 3. Complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.) Lucido Products Contribution Income Statement Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper Makeover $ Total 0 0 $ 0 0 $ 0
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