Exercise 5-10 Multiproduct Break-Even Analysis (L05-9) Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Claimjumper Makeover Total Sales $102,000 $ 51,000 $ 153,000 Variable expenses 31,600 6,650 38,250 Contribution margin $ 70,400 $ 44,350 114,750 Fixed expenses 83,925 Net operating income $ 38,825 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? Overall CM ratio Required 2 > Exercise 5-10 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 Claim jumper $102,000 31,600 $ 70,400 Makeover $ 51,000 6,650 $ 44,350 Variable expenses Contribution margin Fixed expenses Net operating income Total $ 153,000 38,250 114,750 83,925 $ 30,825 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.) Overall break-even point Sales Variable expenses Contribution nargin Fixed expenses Net operating income Clain jumper $102,000 31,600 $ 70,400 Makeover $ 51,000 6,650 $ 44,350 Total $ 153,000 38,250 114,750 83,925 $ 30,825 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.) Engberg Company Contribution Income Statement Claimjumper Makeover Total Not operating income (loss)
