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Exercise 6-10 (Algo) Multiproduct Break-Even Analysis [LO6-9] Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month

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Exercise 6-10 (Algo) Multiproduct Break-Even Analysis [LO6-9] 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 $ 114, 030 $ 57, 090 $ 171, 000 Variable expenses 28, 360 5,840 34, 200 Contribution margin $ 85, 640 $ 51, 160 136, 800 Fixed expenses 91, 920 Net operating income $ 44, 880 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. Exercise 6-10 (Algo) Multiproduct Break-Even Analysis [LO6-9] 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 $ 114, 030 $ 57, 090 $ 171, 009 Variable expenses 28, 360 5,840 34, 200 Contribution margin $ 85, 640 $ 51, 160 136, 890 Fixed expenses 91, 920 Net operating income $ 44, 880 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. * Answer is not complete. 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 S 73,536 x Exercise 6-10 (Algo) Multiproduct Break-Even Analysis [L06-9] 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 1 114, 082 3 57,890 $ 171,898 Variable expenses 28, 360 5.841 34 ,208 Contribution margin $ 85, 648 $ 51,160 136, 808 Fixed expenses 91,920 Net operating income $ 44, 8 80 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. Answer is not complete. 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 Total Sales 89.280 (x]S 43,273 60 S 73.536 X Variable expenses 22.867 X Contribution margin OS 86.413 X Fixed expenses Net operating income (loss)

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