Exercise 5 10 Compute the Break Even Point for a Multiproduct Company LO5 9 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 78,120 Net operating income $ 24,780 Required 1 Compute the overall contribution margin (CM) ratio for the company 2 Compute the overall break even point for the company in dollar sales (Do not round intermediate calculations Round your final answer to the nearest dollar amount ) 3 Complete the contribution format income statement at break even point for the company showing the appropriate levels of sales for the two products (Do not round intermediate calculations Round your final answers to the nearest dollar amount )

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Question: Exercise 5-10 Compute the Break-Even Point for a Multiproduct Company [LO5-9] Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement

Exercise 5-10 Compute the Break-Even Point for a Multiproduct Company [LO5-9]

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						78,120

Net operating income					$	24,780

Required:
1.	Compute the overall contribution margin (CM) ratio for the company.

2.	Compute the overall break-even point for the company in dollar sales. (Do not round intermediate calculations. Round your final answer to the nearest dollar amount.)

Complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.)

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