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Compute the overall break-even point for the company

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Reference no: EM132541125

Park Company markets two computer games: Ping and Pong. A contribution format income statement for a recent month for the two games appears below:

                                            Ping                     Pong                   Total

Sales                                     P100,000             P50,000              P150,000

Variable expenses                             25,000           5,000                    30,000

Contribution margin                          P 75,000            P45,000                P120,000

Fixed

expenses                                       90,000

Net operating income                      P 30,000

Required:

Question 1. Compute the overall contribution margin ratio.

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

Question 3. Verify the overall break-even point for the company by constructing a contribution format income statement showing the appropriate levels of sales for the two products.

Reference no: EM132541125

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