Business, 28.03.2021 22:10, emilyplays474
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.
Sales
Clain jumper
$118,000
43,480
$ 74,520
Makeover
$ 59,000
9,620
$ 49,380
12
points
Variable expenses
Contribution margin
Fixed expenses
Net operating income
Total
$177,000
53,100
123,900
78,330
$ 45,570
8 00:47:49
Required:
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.)
Lucido Products
Contribution Income Statement
Claimjumper Makeover
$ 30,380 $ 15,1901 s
Total
45,570
Sales
Variable expenses
0
$
30,380 $
15,190
45,570
Net operating income (loss)
Answers: 2
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2.
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format inco...
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