Exercise 6-10 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 $112,000 $ 56,000 $ 168,000 Variable expenses 41,320 2,080 50,400 Contribution margin $ 70,680 $ 46,920 117,600 Fixed expenses 78.750 Net operating income $ 38,850 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 6-10 Multiproduct Break-Even Analysis (L06-9) Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating Income Claim jumper $112,000 41,320 $ 70,680 Makeover $ 56,000 9,080 $ 46,920 Total $ 168,000 50,400 117,600 78,750 $ 38,850 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 le 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 margin Pixed expenses Net operating income claimjumper $112,000 41,320 $ 70,680 Makeover $ 56,000 9,080 $ 46,920 Total $ 168,000 50,400 117,600 78.750 $ 38,850 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.) Lucido Products Contribution Income Statement Claimjumper Makeover Total + Net operating income (loss)
