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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 Makeover Total $ 165,000 Sales Variable expenses $110,000 34,000 Contribution margin $ 76,000 Fixed expenses Net operating income Required: 41,250 123,750 $ 55,000 7,250 $47,750 84,150 $ 39,600 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
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