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Verify the overall break-even point for the company

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Reference no: EM132620443

Park Company markets two computer games: Ping and Pong. A contribution format income statement for a recent month for the two games appears below:

                                       Ping                   Pong                     Total

Sales                     P100,000         P50,000             P150,000

Variable expenses       25,000              5,000                30,000

Contribution margin     P75,000            P45,000            P120,000

Fixed expenses 90,000

Net operating income P30,000

Required:

Question 1. Compute the overall contribution margin ratio.

Question 2. Compute the overall break-even point for the company in sales pesos.

Question 3. Verify the overall break-even point for the company by constructing a contribution format income statement showing the appropriate levels of sales for the two products.

Reference no: EM132620443

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