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Check my work Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games
Check my work Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: points Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 100,000 31,000 $ 69,000 Makeover $ 50,000 6,500 $ 43,500 Total $150,000 37,500 112,500 82,800 $ 29,700 eBook Hint 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. Print
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