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required 1,2,&3 Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears
required 1,2,&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: Claimjumper Makeover Total Sales $ 118,000 $ 59,000 $ 177,000 Variable expenses 43,480 9,620 53, 100 Contribution margin $ 74,520 $ 49,380 123,900 Fixed expenses 77.490 Not operating income $46,410 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 overall contribution margin (CM) ratio for the company? Overall CM ratio % Required Required 2 >
required 1,2,&3
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