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Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below:

Requirement 1:

Compute the overall contribution margin (CM) ratio for the company. (Round your answer to the nearest whole percent. Omit the "%" sign in your response.)

Requirement 2:

Compute the overall break-even point for the company in sales dollars. (Omit the "tiny_mce_markerquot; sign in your response.)

Requirement 3:

Verify the overall break-even point for the company by constructing a contribution format income statement showing the appropriate levels of sales for the two products.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91064666
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