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San Diego State University Operations And Supply Chain Management Assignment Help - Expenses

Question - 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 $30,000 $70,000 $100,000
Variable expenses 20,000 50,000 70,000
Contribution margin $10,000 $20,000 30,000
Fixed expenses 24,000
Net operating income $6,000

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.)

Overall CM ratio %
Requirement 2:
Compute the overall break-even point for the company in sales dollars. (Omit the "$" sign in your

Overall break-even $
Requirement 3:
Verify the overall ...Read More

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