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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: 10
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: 10 points Skipped eBook Hint Print References Sales Variable expenses Contribution margin Fixed expenses Net operating incone Required: Clainjumper $114,000 35,200 $78,800 Makeover $ 57,000 7,550 $49,450 Total $171,000 42,750 128,250 88.200 $ 40,050 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 1 Required 2 Required 3 What is the overall contribution margin (CM) ratio for the company? Overall CM ration % Required 1 Required 2 >
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