Question: Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 106,000 39, 160 $ 66,840 Makeover $ 53,000 8,540 $ 44,460 Total $
Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 106,000 39, 160 $ 66,840 Makeover $ 53,000 8,540 $ 44,460 Total $ 159,000 47,700 111,300 79,800 $ 31,500 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 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 sale for the two products. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.)
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