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plzzz full explanation with formula plzzzzz Cost-Volume-Profit Relationships EXERCISE 5-10 Multiproduct Break-Even Analysis L05-9 Lucido Products markets two computer games: Claimjumper and Makeover. A contribution
plzzz full explanation with formula plzzzzz
Cost-Volume-Profit Relationships EXERCISE 5-10 Multiproduct Break-Even Analysis L05-9 Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format ome statement for a recent month for the two games appears below: Sales ........................... Variable expenses....... Contribution margin ..... Fixed expenses Net operating income........... Claimjumper $30,000 20,000 $10,000 Makeover $70,000 50.000 $20,000 Total $100,000 70.000 30,000 24,000 $ 6,000 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. Verify the overall break-even point for the company by constructing a contribution format income statement showing the appropriate levels of sales for the two productsStep by Step Solution
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