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Chapter 5 Canvas Homework SHO'll'lrlr YOUR WORK FOR CREDIT Break-Even for a Multiproduct Lutzrlvqrr Products markets Mo board games: Game 1 and Game B. A
Chapter 5 Canvas Homework SHO'll'lrlr YOUR WORK FOR CREDIT Break-Even for a Multiproduct Lutzrlvqrr Products markets Mo board games: Game 1 and Game B. A contribution format income statement for a recent month for the two games appears below: came 1 Game a Total Sales $ 98.0% $ 49,CICID $ 14?, Variable expenses SHADE 8,35D 36,?513 contribution margin m Fixed expenses EBEUD Net operating income W Required: 1. What is the overall contribution margin {CM} ratio for the company? 2. What is the company's overall breakeven point in dollar sales? 3. Prepare a contribution format income statement at the company's breakeven point that shows the appropriate levels of sales for the two products
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