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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: ClaimjumperMakeover
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: ClaimjumperMakeover Total $116,000 $ 58,000 174,000 Sales Variable expenses 34,800 28,840 5,960 Contribution margin s 87,160 S 52,040 139,200 91,680 Fixed expenses Net operating $47,520 income Required 1. Compute the overall contribution margin (CM) ratio for the company tio 2. Compute the overall break-even point for the company in dollar sales. (Do not round intermediate calculations. Round your final answer to the nearest dollar amount.) Overall break even point 3. Complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) Lucido Products Contribution Income Statement ClaimjumperMakeover Total
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