Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for...
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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 $ $ $ Variable expenses Contribution margin $ $ Fixed expenses Net operating income $ Required: What is the overall contribution margin CM ratio for the company? What is the company's overall breakeven point in dollar sales? Prepare a contribution format income statement at the company's breakeven point that shows the appropriate levels of sales for the two products.
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 $ $ $
Variable expenses
Contribution margin $ $
Fixed expenses
Net operating income $
Required:
What is the overall contribution margin CM ratio for the company?
What is the company's overall breakeven point in dollar sales?
Prepare a contribution format income statement at the company's breakeven point that shows the appropriate levels of sales for the two products.
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