Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a...
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 116,000 28,840 $ 87,160 Makeover $ 58,000 5,960 $ 52,040 Total $ 174,000 34,800 139,200 89,520 $ 49,680 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...
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Clain jumper $ 112,000 27,880 $ 84.120 Makeover $ 56,000 5,720 $ 50,280 Variable expenses Contribution margin Fixed expenses Net operating income Total $168.000 33,600 134,400 88.32 5 46.880 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...
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 116,000 35,800 $ 80, 200 Makeover $ 58,000 7,700 $ 50,300 Total $ 174,000 43,500 130,500 88,200 $ 42,300 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....
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 100,000 37,000 $ 63,000 Makeover $ 50,000 8,000 $ 42,000 Total $ 150,000 45,000 105,000 78,960 $ 26,040 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...
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 $ 118,000 Makeover Total $ 59,000 177,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income 7,850 44 239 132,750 87,975 $ 44,775 36,400 $ 81,600 $ 51,150 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...
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Claim jumper $116,000 42,760 S 73.240 Makeover $58.000 9.440 $ 48,560 Sales Variable expenses Contribution margin Fixed expenses Het operating income Total $ 174,000 52,200 121,800 77.910 $ 3.890 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...
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $102,000 25,480 $ 76,520 Makeover $ 51,000 5,120 $ 45,880 Total $ 153,000 30,600 122,400 92,400 $ 30,000 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...
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income claimjumper Makeover $ 30,000 $70,000 20,000 50,000 $ 10,000 $20,000 $100,000 70,000 30,000 24,000 $ 6,000 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...
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Total $165,000 41,250 123,750 Claimjumper Makeover Sales $110,000 $55,000 Variable 34,000 7,250 expenses Contribution $ 76,000 $47,750 margin Fixed expenses Net operating income 85,950 $ 37,800 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...
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 $ 106,000 $ 53,000 $ 159,000 Variable expenses 26,440 5,360 31,800 Contribution margin $ 79,560 $ 47,640 127,200 Fixed expenses 92,640 Net operating income $ 34,560 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...