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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:
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 118,000 $ 59,000 29,320 Makeover Total $ 177,000 6,080 35,400 141,600 90,000 $ 51,600 $ 88,680 $ 52,920 Required (see Example 6-4 in the course packet if you need help): 1. What is the overall contribution margin ratio for the company? 2. What is the company's overall break-even point in dollar sales? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the overall contribution margin (CM) ratio for the company? Overall CM ratio % Required 1 Required 2 < Prev 8 of 9 Next >
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