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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: Sales
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 $ 195,00 32,880 $ 73,200 Makeover $ 53,000 6,95 $ 46, e5e Total $ 159,000 39,750 119,25e 84,375 $ 34,875 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 96 (Required 1 Required 2 >
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