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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 below.
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. 5 Sales points Variable expenses Claimjumper $ 30,000 20,000 $ 10,000 Makeover $ 70,000 50,000 $ 20,000 Total $ 100,000 eBook Hint Ask Print References Contribution margin Fixed expenses Net operating income Required: 70,000 30,000 24,000 $6,000 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 31 What is the overall contribution margin (CM) ratio for the company? Overall CM ratio % Required 1 Required 2 > 5 month for the two games appears below: Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent Claimjumper Makeover Total points eBook Hint Ask Print References Sales Variable expenses Contribution margin Fixed expenses Net operating income Required: $ 10,000 $ 20,000 $ 30,000 20,000 $ 70,000 50,000 $100,000 70,000 30,000 24,000 $ 6,000 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 What is the company's overall break-even point in dollar sales? Overall break-even point Cha ints the two products. income statement at the company's break-even point that shows the appropriate levels of sales for Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Hint Ask Print eferences Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products. Lucido Products Contribution Income Statement Claimjumper Makeover Total Net operating income (loss)
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