Business, 08.10.2020 02:01 bhjbh7ubb

Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Claimjumper Makeover Total Sales $ 108,000 $ 54,000 $ 162,000 Variable expenses 39,880 8,720 48,600 Contribution margin $ 68,120 $ 45,280 113,400 Fixed expenses 82,530 Net operating income $ 30,870 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.

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Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income s...