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Chapter 5 Exercises Saved Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two
Chapter 5 Exercises Saved Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: 20 points Claimjumper $114,000 35,200 $ 78,800 Sales Variable expenses Contribution margin Fixed expenses Net operating income Makeover $ 57,000 7,550 $ 49,450 Total $ 171,000 42,750 128, 250 88,650 $ 39,600 Skipped eBook 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. Hint Ask Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 What is the overall contribution margin (CM) ratio for the company? References Overall CM ratio Chapter 5 Exercises A Saved Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: 20 points claimjumper $114,000 35,200 $ 78,800 Sales Variable expenses Contribution margin Fixed expenses Net operating income Makeover $ 57,000 7,550 $ 49,450 Total $ 171,000 42,750 128, 250 88,650 $ 39,600 Skipped eBook 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. Hint Ask Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 What is the company's overall break-even point in dollar sales? (Do not round intermediate calculations.) References Overall break-even point Required 1 Required 3 > Chapter 5 Exercises Saved Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: 20 points claimjumper $ 114,000 35,200 $ 78,800 Makeover $ 57,000 7,550 $ 49,450 Total $ 171,000 42,750 128, 250 88,650 $ 39,600 Sales Variable expenses Contribution margin Fixed expenses Net operating income Skipped eBook 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. Hint Ask Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 References 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.) Engberg Company Contribution Income Statement Claimjumper Makeover Total 0 $ 0 Net operating income (loss) Required 2 Required 3
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