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Q1) Lucido Products markets two computer games: Claimjumper and Makeover. Contribution format income statement for recent month for 2 games given below:

	Claimjumper	Makeover	Total
Sales	$30,000	$70,000	$100,000
Less variable expanses	20,000	50,000	70,000
Contribution margin	$10,000	$20,000	30,000
Less fixed expenses			24,000
Net operating income			$6,000

Give reason that overall break-even point for company by creating contribution format income statement illustrating suitable levels of sales for two products.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M918774

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