Question: Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 108,000 33,400 $ 74,600 Makeover $ 54,000 7,100 $ 46,900 Total $ 162,689
Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 108,000 33,400 $ 74,600 Makeover $ 54,000 7,100 $ 46,900 Total $ 162,689 40,5ee 121,500 85,950 $ 35,550 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.) Engberg Company Contribution Income Statement Claimjumper Makeover Total Sales $ 0 Variable expenses Contribution margin $ 0 $ ol Fored expenses 85.950 Net operating income (loss) 0 0
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