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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
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: 10 points Sales Claimjumper $100,000 25,000 $ 75,000 Makeover $ 50,000 5,000 $ 45,000 eBook Variable expenses Contribution margin Fixed expenses Net operating income Total $ 150,000 30.000 120,000 88,560 $ 31, 440 Hint References 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 1 Required 2 Required 3 What is the overall contribution margin (CM) ratio for the company? Overall CM ratio % Required 1 1 Required 2 > 2 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 3 Hint References Required 1 Required 2 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 Net operating income (loss)
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