Business, 16.03.2020 22:34 shashayantie6556
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 $ 100,000 $ 50,000 $ 150,000 Variable expenses 37,000 8,000 45,000 Contribution margin $ 63,000 $ 42,000 105,000 Fixed expenses 79,170 Net operating income $ 25,830 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...
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