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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:
\table[[,Claimjumper,Makeover,Total],[Sales,$30,000,$70,000,100,000],[Variable expenses,20,000,50,000,70,000],[Contribution margin,$10,000,$20,000,30,000],[Fixed expenses,,24,000,],[Net operating income,,$6,000,]]
Required:
What is the company's overall contribution margin (CM) ratio?
What is the company's overall break-even point in dollar sales?
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.
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What is the company's overall contribution margin (CM) ratio?
Overall CM ratio
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