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Sales Variable expenses Contribution margin Fixed expenses Net operating income. $102,000 31,600 $ 51,000 $153,000 6,650 38,250 $ 70,400 $ 44,350 114,750 85,500 $ 29,250
Sales Variable expenses Contribution margin Fixed expenses Net operating income. $102,000 31,600 $ 51,000 $153,000 6,650 38,250 $ 70,400 $ 44,350 114,750 85,500 $ 29,250 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 11 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.) Engberg Company Contribution Income Statement Claimjumper Makeover Total
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