Managerial accounting
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 | $ 102,000 | $ 51,000 | $ 153,000 |
| Variable expenses | 37,720 | 8,180 | 45,900 |
| Contribution margin | $ 64,280 | $ 42,820 | 107,100 |
| Fixed expenses | 77,910 | ||
| Net operating income | $ 29,190 |
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 statement at the company's break-even point that shows the appropriate levels of sales for the two products.
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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: Claimjumper Makeover Total Sales $ 102,000 $ 51,000 $ 153,000 Variable expenses 31,600 6,650 38,250 Contribution margin $ 70,400 $ 44,350 114,750 Fixed expenses 86,400 Net operating income $ 28,350 Required: Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products.
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 $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...
1. What is the overall contribution margin (CM) ratio for the company? 2. What is the...
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 statement at the
company's break-even point that shows the appropriate levels of
sales for the two products.
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...
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...
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...
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...
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...
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 $ 118,000 $ 59,000 $ 177,000 Variable expenses 36,400 7,850 44,250 Contribution margin $ 81,600 $ 51,150 132,750 Fixed expenses 88,425 Net operating income $ 44,325 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...
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 Claimjurper $ 112,890 34,600 $ 77,400 Makeover $ 56,000 7.489 $ 48,600 Total $ 168,000 42, eee 126,600 83,780 $ 42,380 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2 What is the company's overall...
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 $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...
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...
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 statement at the
company's break-even point that shows the appropriate levels of
sales for the two products.
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...
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...
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 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...
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 Claimjurper $ 112,890 34,600 $ 77,400 Makeover $ 56,000 7.489 $ 48,600 Total $ 168,000 42, eee 126,600 83,780 $ 42,380 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2 What is the company's overall...
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...
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