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

Post by **answerhappygod** » Mon May 30, 2022 8:26 am

: Lucido Products Markets Two Computer Games Claimjumper And Makeover A Contribution Format Income Statement For A Recen 1 (48.86 KiB) Viewed 15 times

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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: Total Claimjumper $ 96,000 Sales Makeover $ 48,000 6,200 29,800 Variable expenses Contribution margin $ 144,000 36,000 108,000 $ 66,200 $ 41,800 Fixed expenses 87,075 Net operating income $ 20,925 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 What is the overall contribution margin (CM) ratio for the company? Overall CM ratio %
Saved 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 Total Sales Makeover $ 96,000 $ 48,000 29,800 6,200 $ 144,000 36,000 Variable expenses Contribution margin $ 66,200 $ 41,800 108,000 87,075 Fixed expenses Net operating income $ 20,925 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 the two products. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's overall break-even point in dollar sales? (Do not round intermediate calculations.) Overall break-even pint
Saved 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 f- 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 Total Claimjumper Makeover Net operating income (loss) < Required 2 Required 3 8