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Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below:
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 Variable expenses Clainjumper $102,000 37,720 Makeover Total 51,000 153,000 Contribution margin $64,280 8,100 $42,020 45,900 107,100 Fixed expenses 77,700 Net operating income 29,400 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. 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.) Sales Engberg Company Contribution Income Statement Variable expenses Contribution margin Fixed expenses Net operating income (ass) Claimjumpor Makeover Total $ 74,000 $ 37,000 $ 111,000 0 $ 74,000 $ 37,000 111,000 77.700
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