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Exercise 6-10 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
Exercise 6-10 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 Variable expenses Contribution margin Fixed expenses Net operating income $ 98,000 24,520 $ 73,480 49,000 147,000 29,400 117,600 89,280 $ 28,320 4,880 $ 44,120 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 1Required 2 Required 3 Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sale:s for the two products. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.) ucido Products Contribution Income Statement Claimjumper Makeover Total es able expenses Contribution margin ixed expenses Net operating income (loss)
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