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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.

Accounting Basics, Accounting

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