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Exercise 5-10 (Algo) Multiproduct Break-Even Analysis [LO5-9] Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month
Exercise 5-10 (Algo) Multiproduct Break-Even Analysis [LO5-9] 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 Variable expenses Contribution margin Fixed expenses Not operating Income Total $ 168,000 Clais jumper $112,000 27, 880 $ 84, 120 Makeover $ 56,000 5.720 $ 50.280 33, 600 134, 400 90, 720 $ 43,680 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. 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 80 % Required 2 > 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.) Overall break-even point $ 113,400 < Required 1 Required 3 > 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.) Overall break-even point $ 113,400 < Required 1 Required 3 > 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.) Lucido Products Contribution Income Statement Claimjumper Makeover Sales Variable expenses Contribution margin Net operating income (loss) Total $ 75,604 $ 37,796 $ 113,400 18,596 1,904 20,500 $ 57,008 $ 35,892 90,720 90,720 $ 0 < Required 2 Required 3 Check m 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.) Lucido Products Contribution Income Statement Claimjumper Makeover Sales Variable expenses Contribution margin Net operating income (loss) Total $ 75,604 $ 37,796 $ 113,400 18,596 1,904 20,500 $ 57,008 $ 35,892 90,720 90,720 $ 0 < Required 2 Required 3 Check m
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