Question: Please answer the following question Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the
Please answer the following question



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 $106,000 $ 53,000 $ 159,000 Variable expenses 39,160 8,540 47,700 Contribution margin $ 66,840 $ 44,460 111,300 Fixed expenses 80,430 Net operating income 5 30,870 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2. What is the company's overall breakeven 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 What is the overall contribution margin (CM) ratio for the company? - % Required 2 ) 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 $106,000 $ 53,000 $ 159.000 Variable expenses 39,160 8,540 47,700 Contribution margin $ 66,840 $ 44.460 111,300 Fixed expenses 80, 430 Net operating income $ 30 , 870 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2. What is the company's overall breakeven 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 : Required3 What is the company's overall break-even point in dollar sales? (Do not round intermediate calculations.) 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 $106,000 $ 53,000 $ 159,000 variable expenses 39,160 8,540 47,700 Contribution margin $ 66,840 $ 44,460 111,300 Fixed expenses 80,430 Net operating income $ 30,870 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 shows the appropriate levels of sales for the two products. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.) Net operating income (loss)
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