1 | Overall contribution margin ratio = Total contribution margin / Total sales = 126000 / 168000 = | 75% |
2 | Overall breakeven point in dollar sales = Total fixed expenses / Overall contribution margin ratio = 83700 / 75% = | 111600 |
3 | Sales mix ratio : |
Claimjumper = 112000/168000 = 2/3 | |
Makeover = 56000/168000 = 1/3 |
Contribution format income statement at the company's break even point : |
Claimjumper | Makeover | Total | |
Sales |
74400 [ 111600*2/3 ] |
37200 [ 111600*1/3 ] |
111600 |
Variable expenses |
22984 [ 34600*74400/112000 ] |
4916 [ 7400*37200/56000 ] |
27900 |
Contribution margin | 83700 | ||
Fixed expenses | 83700 | ||
Net operating income | 0 |
Exercise 6-10 Multiproduct Break-Even Analysis (L06-9) Lucido Products markets two computer games: Claimjumper and Makeover. A...
Exercise 6-10 Multiproduct Break-Even Analysis (L06-9) Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 96,000 29,800 $ 66,200 Makeover $ 48,000 6,200 $ 41,800 Total $ 144,000 36,000 188,000 87,975 $ 20,025 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2. What is the company's overall break-even...
Exercise 6-10 Multiproduct Break-Even Analysis (L06-9) Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: 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 90,720 $ 48,480 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2. What is the company's overall...
Exercise 5-10 Multiproduct Break-Even Analysis [LO5-9] 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 Makeover Total Sales $ 106,000 $ 53,000 $ 159,000 Variable expenses 32,800 6,950 39,750 Contribution margin $ 73,200 $ 46,050 119,250 Fixed expenses 84,600 Net operating income $ 34,650 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2. What is the company's overall break-even...
Exercise 5-10 Multiproduct Break-Even Analysis [LO5-9] 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 $ 114,000 42,040 Makeover Total Sales Variable expenses 57,000 171,000 9,260 51,300 $ 71,960 Contribution margin 47,740 119,700 Fixed expenses 82,530 $ 37,170 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...
Check my 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: Sales Variable expenses Contribution margin Fixed expenses Net operating income claimjumper $110,000 43,480 $ 74,520 Makeover $ 59,000 9.620 $ 49,380 Total $ 177,000 53,100 123,900 81,900 $ 42,000 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2. What is the company's overall...
Exercise 5-10 Multiproduct Break-Even Analysis (LO5-9] Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 112,000 27,880 $ 84,120 Makeover $ 56,000 5,720 $ 50,280 Total $ 168,000 33,600 134,400 88,560 $ 45,840 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2. What is the company's overall break-even...
Exerclse 5-10 Multiproduct Break-Even Analysis [L05-9] 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 $116,000 42,760 $ 73,240 Makeover Total $ 174,0ee 52,280 Sales 58,eee 9,44e 48,568 Variable expenses Contribution margin 121, 880 Fixed expenses 77,280 $ 44,528 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...
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: 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...