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Lucido Products markets two computer games: Claimjumper and Ma keover. A contribution format income statement for a recent month for the two games appears below:
Lucido Products markets two computer games: Claimjumper and Ma keover. A contribution format income statement for a recent month for the two games appears below: lClaimjumper Makeover Total Sales $ 113,999 $ 59,999 $ unease Variable expenses 29,328 6,989 35,468 Contribution margin 3; 33.1539 Z5 52:92? 141,669 Fixed expenses 99,668 Net operating income $ 51,669 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 breakeven point that shows the appropriate levels of sales for the two products
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