Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below:
tableClaimjumper,Makeover,TotalSales$$Variable expenses,Contribution margin,$$Fixed expenses,,Net operating income,,$
Required:
What is the company's overall contribution margin CM ratio?
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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What is the company's overall contribution margin CM ratio?
Overall CM ratio
