Question: ntribution format EXERCISE 5-10 Compute the Break-Even Point for a Multiproduct Company (L05-9] Lucido Products markets two computer games: Claimjumper and Makeover. A contribution fo
ntribution format EXERCISE 5-10 Compute the Break-Even Point for a Multiproduct Company (L05-9] Lucido Products markets two computer games: Claimjumper and Makeover. A contribution fo income statement for a recent month for the two games appears below: Claimjumper Makeover Total Sales ....... Variable expenses .. Contribution margin ......... Fixed expenses .. Net operating income.. $30,000 20,000 $10,000 $70,000 50,000 $20,000 $100,000 70,000 30,000 24,000 $ 6,000 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. 3. Verify the overall break-even point for the company by constructing a contribution format income statement showing the appropriate levels of sales for the two products
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