Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a...
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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 01:09:21 Sales $ 63,900 Variable expenses Fixed expenses 42,600 Makeover $21,300,000 106,500 Total $ 213,000 149,100 Contribution margin $ 21,300 $ 42,600 63,900 ook Net operating income 51,120 $ 12,780 nt nces 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a contribution format income statement at the company's break-even point that sh for the two products. (Do not round intermediate calculations. Round your answers to the r Engberg Company Contribution Income Statement Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Claimjumper Makeover Total $ 0 $ 0 $ 0 0 EA $ 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 01:09:21 Sales $ 63,900 Variable expenses Fixed expenses 42,600 Makeover $21,300,000 106,500 Total $ 213,000 149,100 Contribution margin $ 21,300 $ 42,600 63,900 ook Net operating income 51,120 $ 12,780 nt nces 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a contribution format income statement at the company's break-even point that sh for the two products. (Do not round intermediate calculations. Round your answers to the r Engberg Company Contribution Income Statement Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Claimjumper Makeover Total $ 0 $ 0 $ 0 0 EA $
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Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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