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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 Claimjumper $110,000 40,600 Makeover $ 55,000 8,900 Total $ 165,000 49,500 Variable expens Contribution margin Fixed expenses Net operating income Required: 115,500 $ 69,400 $ 46,100 81,690 $ 33,810 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 fo the two products. Complete this question by entering your answers in the tabs below. Required 1 Required 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. Note: Do not round intermediate calculations. Round your answers to the nearest dollar amount. Lucido Products Contribution Income Statement Sales Variable expenses Claimjumper Makeover Total
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