Exercise 6-10 Multiproduct Break-Even Analysis (LO6-9] 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 $104,000 32,200 $ 71,800 Makeover $ 52,000 6,800 $ 45,200 Total $ 156,000 39,000 Sales Variable expenses Contribution margin 117,000 Fixed expenses 84,600 $ 32,400 Net operating income 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 % Required 1 Required 2 >
Exercise 6-10 Multiproduct Break-Even Analysis (LO6-9] 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 $104,000 32,200 $ 71,800 Makeover $ 52,000 6,800 $ 45,200 Total $ 156,000 39,000 Sales Variable expenses Contribution margin 117,000 Fixed expenses 84,600 $ 32,400 Net operating income 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 % Required 1 Required 2 >
Pkg Acc Infor Systems MS VISIO CD
10th Edition
ISBN:9781133935940
Author:Ulric J. Gelinas
Publisher:Ulric J. Gelinas
Chapter17: Acquiring And Implementing Accounting Information Systems
Section: Chapter Questions
Problem 1SP
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