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Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for...

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Accounting

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 $ 94,000 $ 47,000 $ 141,000
Variable expenses 34,840 7,460 42,300
Contribution margin $ 59,160 $ 39,540 98,700
Fixed expenses 82,530
Net operating income $ 16,170

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.

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