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undefined Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below:
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Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $114,000 28,360 $ 85,640 Makeover $ 57,000 5,840 $ 51,160 Total $ 171,000 34,200 136,800 92,640 $ 44,160 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 1 Required 2 Required 3 What is the company's overall break-even point in dollar sales? (Do not round intermediate calculat Overall break-even point 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 for the two products. (Do not round intermediate calculations. Round your answers to the nearest ( Lucido Products Contribution Income Statement Claimjumper Makeover Total Net operating income (loss)Step by Step Solution
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