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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 $110,000 34,000 $ 76,000 Makeover $55, 000 Total Sales Variable expenses Contribution marqin Fixed expenses Net operating income 165,000 7,250 1:230 123,750 83,475 40,275 47,750 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? Overall CM ratio Required 1 Required 2> 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 KRequired 1 Required 3> 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 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) K Required 2 Required3
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