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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
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 $106,000 akeover Total Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 53,000 159,000 8,540 4/3/00 111,300 79,590 $ 31,710 39,160 $ 66,840 $44,460 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 What is the overall contribution margin (CM) ratio for the company? Overali CM ratio Required 1 Required 2 >
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