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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: Clain
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Clain jumper Makeover Total Sales $106,000 $ 53,000 $ 159,000 Variable expenses 32,800 6,950 39,750 Contribution margin $ 73,200 $ 46,050 119,250 Fixed expenses 86,625 Net operating income $ 32,625 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 Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products. (Do not round Intermediate calculations. Round your answers to the nearest dollar amount.) Total $ 0 Lucido Products Contribution Income Statement Claimjumper Makeover Sales Variable expenses $ OS Contribution margin ed expenses Net operating income (loss) 0 0 0 86 625 $ 0
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