Lucido Products markets two computer games. Clairmjumper and Makeover. A contrib

Question

Lucido Products markets two computer games. Clairmjumper and Makeover. A contribution format income statement for a recent ronth Tor the two games appears below Makeover Total Variable expenises Contribution nargin Fixed expenses Net aperating incone 28,3685,84 298 156, 899 $44,199 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 Answer is not complete. Complete this question by entering your ?"swers in the tabs below Required Requ Required 3 Prepare a contribution format income statement at the company's break-aven paint that shows the appropriate levels of sales for the two products. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.) Contribution Income Statement Total Seles $ 34 200 ) S 136.80U 171,000 la expenses Contribution margin Fixed expenses Net operating income (oes) 34 200 136,800 171,000

Explanation / Answer

Claimjumper Makeover Total Sales 77000 38500 115500 Variable expenses 19155 3945 23100 Contribution margin 57845 34555 92400 Fixed expenses 92400 Net operating income 0

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