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Sales Variable expenses Contribution margin. Fixed expenses Net operating income Required: Claimjumper Makeover $ 48,000 4,760 Total $ 144,000 $ 96,000 24,040 28,800 $
Sales Variable expenses Contribution margin. Fixed expenses Net operating income Required: Claimjumper Makeover $ 48,000 4,760 Total $ 144,000 $ 96,000 24,040 28,800 $ 71,960 $ 43,240 115,200 94,080 $ 21,120 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 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.) Sales Lucido Products Contribution Income Statement Claimjumper Makeover Total Net operating income (loss) < Required 2 Required 3 >
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