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3 Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears
3 Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: 010751) Sales Variable expenses Contribution margin Fixed expenses Net operating income Required: Claimjumper $ 104,000 25,960 $ 78,040 Hakeover Total $ 156,000 31,200 124,800 $ 52,000 5,240 $46,760 90,000 $ 34,800 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
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