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Complete the overall contribution margin

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Reference no: EM131582049

Exercise - Compute the Break-Even Point for a Multiproduct Company

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

$104,000

$52,000

$156,000

Variable expenses

32,200

6,800

39,000

Contribution margin

$71,800

$45,200

117,000

 

 

 

82,275

Net operating income

 

 

$31,725

Required -

1. Complete the overall contribution margin (CM) ratio for all company.

2. Compute the overall break-even point for the company in dollar sales.

3. Complete the contribution format statement at break-even point for the company showing the appropriate level of sales for the two products.

Reference no: EM131582049

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