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please help woth #3 Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two
please help woth #3
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 Clainjumper $ 118,000 43,480 $ 74,520 Makeover $ 59,000 9,620 $ 49,380 Required: 1. What is the overall contribution margin (CM) ratio for the company? Total $177,000 53,100 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. Prev 123,900 80,850 $ 43,050 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.) 10 of 10 Next Step by Step Solution
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