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hii pls send w the required (questions 1-3) thank youuu Exercise 6-10 (Algo) Multiproduct Break-Even Analysis (L06-9) Lucido Products markets two computer games: Claimjumper and
hii pls send w the required (questions 1-3) thank youuu
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 $ 96,000 $ 48,000 $ 144,000 Variable expenses 29,800 6,200 36,000 Contribution margin $ 66,200 $ 41,800 108,000 Fixed expenses 86,850. Net operating income $ 21, 158 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 Recured Required 2 > Step by Step Solution
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