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Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 106,000 26,449 $ 79,560 Makeover $ 53,000 5360 $ 47,640 Total $ 159,000
Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 106,000 26,449 $ 79,560 Makeover $ 53,000 5360 $ 47,640 Total $ 159,000 31,800 127,200 93,120 $ 34,080 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 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.) Total 111,000 Lucido Products Contribution Income Statement Claimjumper Makeover Sales $ 74,000 $ 37,000 $ Variable expenses Contribution margin Fixed expensos Net operating income (loss) 9 of 9
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