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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: Sales Variable expenses Contribution margin Claimjumper $ 110,000 34,000 Makeover $ 55,000 7,250 Total $ 165,000 41,250 $ 76,000 $ 47,750 Fixed expenses Net operating income Required: 1. What is the company's overall contribution margin (CM) ratio? 2. What is the company's overall break-even point in dollar sales? 123,750 85,500 $ 38,250 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 company's overall contribution margin (CM) ratio? Overall CM ratio % Required 1 Required 2 >
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