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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 $ 94,000 29,200 $ 64,800 Makeover $ 47,000 6,050 $ 40,950 Total $ 141,000 35,250 105,750 84,825 $ 20,925 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. ces Required 1 Required 2 Required 3 Prepare a contribution format income statement at the company's break-even point that shows the for the two products. (Do not round Intermediate calculations. Round your answers to the nearest Engberg Company Contribution Income Statement Claimjumper Makeover Total Sales $ 0 0 Variable expenses Contribution margin Fixed expenses Net operating income (loss) 0 $ 0 0
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