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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 Required: Claimjumper Makeover $ 59,000. 7,850 $ 118,000 36,400 $ 81,600 $51,150 Total $ 177,000 44,250 132,750 87,525 $ 45,225 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 21 Required 3
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