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Total Sales claimjumper $114,000 35,200 $ 78, 800 Makeover $ 57,000 7,550 Variable expenses $ 171,000 42,750 Contribution margin $ 49,450 128, 250 87,525 Fixed
Total Sales claimjumper $114,000 35,200 $ 78, 800 Makeover $ 57,000 7,550 Variable expenses $ 171,000 42,750 Contribution margin $ 49,450 128, 250 87,525 Fixed expenses Net operating income $ 40,725 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.) Lucido Products Contribution Income Statement Claimjumper Makeover Total $ 0 Sales Variable expenses Contribution margin 0 $ 0 $ 0 0 Fixed expenses Net operating income (loss)
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