Question

Exercise 5-10 (Algo) 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 $112,000 $56,000 $168,000 Variable expenses $41,320 $9,080 $50,400 Contribution margin $70,680 $46,920 $117,600 Fixed expenses $81,060 Net operating income $36,540 Required: 1. What is the overall contribution margin (CM) ratio for the company?

          Exercise 5-10 (Algo) 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 $112,000 $56,000 $168,000 
Variable expenses $41,320 $9,080 $50,400 
Contribution margin $70,680 $46,920 $117,600 
Fixed expenses $81,060 
Net operating income $36,540 

Required:
1. What is the overall contribution margin (CM) ratio for the company?

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