Question
AA ezto.mheducation.com 2 29 points Exercise 5-10 (Algo) Multiproduct Break-Even Analysis [LO5-9] Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format
AA ezto.mheducation.com 2 29 points Exercise 5-10 (Algo) Multiproduct Break-Even Analysis [LO5-9] Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Total $ 150,000 30,000 120,000 Variable expenses Claimjumper $ 100,000 25,000 eBook Contribution margin $ 75,000 Makeover $ 50,000 5,000 $ 45,000 Fixed expenses Net operating income 89,760 $ 30,240 Hirt 14 Print References 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.) Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Lucido Products Contribution Income Statement Claimjumper Makeover Total 0 Check my work
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