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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: Elsi-duper
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Elsi-duper "shower Total Sales s 118,666 5 59,606 s 1mm Variable expenses 29'328 6.986 35'490 Contribution margin $ 88,688 5 52,928 141,680 Fixed expenses \"'960 Net operating into-e i 58,6410 Required: 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 breakeven 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. What is the overall contribution margin (CM) ratio for the company? 12.5 2. What is the company's overall break-even point in dollar sales? points 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. 4Book Hint Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Required 3 What is the company's overall break-even point in dollar sales? (Do not round intermediate calculations.) Overall break-even point $ 113,700 Required: 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 ratio 80 % wo products. complete this question by entering your answers in the tabs below. squired 1 Required 2 Required 3 epare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales the two products. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.) Lucido Products Contribution Income Statement Claimjumper Makeover Total S 113.700 able expenses tribution margin ed expenses operating income (loss)
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