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Exercise 2-10 (Algo) Multiproduct Break-Even Analysis [LO2-9] Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent
Exercise 2-10 (Algo) Multiproduct Break-Even Analysis [LO2-9] 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 Claimjumper $ 116,000 28,840 Contribution margin $ 87,160 $ 52,040 Variable expenses Fixed expenses Net operating income. Required: Makeover $ 58,000 5,960 Total $ 174,000 34,800 139,200 90,000 $ 49,200 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? Overall CM ratio %
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