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please help Lucido Products markets two computer games. Claimjumper and Makeover. A contribution format Income statement for a recent month for the two games appears
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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 Claim jumper Makeover Total Sales $ 118,000 $ 59,800 5 177,000 Variable expenses 43,480 9,620 53,109 Contribution margin 5 74,52e $ 49,380 123,900 Fixed expenses 81,270 Net operating income $ 42,630 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 a What is the overall contribution margin (CM) ratio for the company? Oro Moto Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below Claimjumper Makeover Total Sales $ 118,600 $ 59,000 $ 177,000 Variable expenses 43,480 9,620 53,100 Contribution margin $ 74,520 $ 49,380 123,900 Fixed expenses 81,270 Net operating income $ 42,630 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 company's overall break-even point in dollar sales? (Do not round Intermediate calculations.) Overall bakeven point the two products CH Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 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. (Do not round intermediate calculations. Round your answers to the nearest dollar amount) Lucido Products Contribution Income Statement Claimjumper Makeover Total Net operating income (s) Step by Step Solution
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