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Make a contribution format income statement

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Reference no: EM132501860

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                                   $ 98,000                         $ 49,000                     $ 147,000

Variable expenses                      30,400                                6,350                          36,750

Contribution margin                        $ 67,600                            $ 42,650                     110,250

Fixed expenses                                                                                                     86,625

Net operating income                                                                                              $ 23,625

Question 1: Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products.

Reference no: EM132501860

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