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QUESTIU 2 Lucido Products make the computer games Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears
QUESTIU 2 Lucido Products make the computer games Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below Claimjumper Makeover Total Sales .................. $30,000 $70,000 $100,000 Variable expenses........ 20,000 50,000 70,000 Contribution margin ......... $10,000 $20,000 30,000 Fbxed expenses.... ..... 24.000 Net operating income........ $ 6,000 Required: 1. Compute the overall contribution margin (CM) ratio for the company. 2. Compute the overall break-even point for the company 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 products Use the following table to answer No 3 Claimjumper Makeover Total 1 Claimjumper Makeover Total
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