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essentially just need part 3. thank you! Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month
essentially just need part 3. thank you! Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Claimjumper $114,000 28,360 Makeover Total Sales $57,000 5,840 $171,000 Variable expenses 34,200 $85,640 51,160 Contribution margin 136,800 Fixed expenses 93,600 Net operating income 43,200 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? 80% Overall CM ratio Required 1 Required 2
essentially just need part 3. thank you!
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