Claimjumper $116,000 42,760 $ 73,240 Sales Variable expenses Contribution margin Fixed expenses Net operating income Makeover $ 58,000 9,440 $ 48,560 Total $ 174,000 52,200 121,800 82,530 39,270 $ 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 What is the overall contribution margin (CM) ratio for the company? HIERRO TUTULTITUTIILI LIT Overall CM ratio 70% Required 1 Required 2 > Claimjumper $116,000 42,760 $ 73,240 Sales Variable expenses Contribution margin Fixed expenses Net operating income Makeover $ 58,000 9,440 $ 48,560 Total $ 174,000 52,200 121,800 82,530 39,270 $ 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 What is the company's overall break-even point in dollar sales? (Do not round intermediate calculations.) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Overall break-even point $ 117,900| Sales Variable expenses Contribution margin Fixed expenses Net operating income claimjumper $116,000 42,760 $ 73,240 Makeover $ 58,000 9,440 $ 48,560 Total $ 174,000 52,200 121,800 82,530 $ 39, 270 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.) Total Lucido Products Contribution Income Statement Claimjumper Makeover Sales Variable expenses Contribution margin $ 0 $ Fixed expenses Net operating income (loss) 0 0
