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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: Total
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Total Sales Variable expenses $ 94,000 47,000 141,000 35,250 29,200 6,050 Contribution margin Fixed expenses $64,800 40.950 105.750 87,975 Net operating income $ 17,775 Required 1. Compute the overall contribution margin (CM) ratio for the company. Il CM ratio 2. Compute the overall break-even point for the company in dollar sales. (Do not round intermediate calculations. Round your final answer to the nearest dollar amount.) 3. Complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) Lucido Products Contribution Income Statement Claimjumper Makeover Total
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