Reference no: EM132739766
Question - 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 $98,000 $49,000 $147,000
Variable expenses 36,280 7,820 44,100
Contribution margin $61,720 $41,180 102,900
Fixed expenses 77,490
Net operating income $25,410
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 contribution format income statement at the company's break-even point that shows the appropriate levels of sales?
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What is the company overall break-even point in dollar sales
: Lucido Products markets two computer games: Claimjumper and Makeover. What is the company's overall break-even point in dollar sales
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