1 answer

# Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a...

###### 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 $106,000$ 53,000 $159,000 Variable expenses 26,440 5,360 31,800 Contribution margin$ 79,560 $47,640 127,200 Fixed expenses 92,640 Net operating income$ 34,560

Required:

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

2. What is the company's overall break-even point in dollar sales?

3. Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products.

## Answers

#### Similar Solved Questions

1 answer
##### 6) Determine the equations of two lines in standard form Ax + By + C-0) that...
6) Determine the equations of two lines in standard form Ax + By + C-0) that pass through the point (1,4) and are tangents to the graph of Ax)-1-. IT-6,c-2...
1 answer
##### The market price is p=50 3. Consider a competitive firm with total costs given by TC(q)...
The market price is p=50 3. Consider a competitive firm with total costs given by TC(q) = 100 + 10q+q? (e) Graph the ATC, AVC, MC, and MR curves in a single graph, and indicate the profit maximizing level of output. If there are profits, shade the region corre- sponding to profit and label it. (f) I...
1 answer
##### 2. Find the error(s), correct it, and write output. Point 5 package javaapplication154 import javax.swing.* import...
2. Find the error(s), correct it, and write output. Point 5 package javaapplication154 import javax.swing.* import java.awt. import java.awt.Color publie class JGraphicsPanel extends JPanel f public JGraphiesPanel(Color color) f this.setBackground(color); public void paint(Graphies super.paint0; set...
1 answer
Dividing Partnership Income Tyler Hawes and Piper Albright formed a partnership, investing $195,000 and$65,000, respectively. Determine their participation in the year's net income of $280,000 under each of the following independent assumptions: a. No agreement concerning division of net income... 1 answer ##### 7.5 (i) Prove that, if G is a bipartite graph with an odd number of vertices,... 7.5 (i) Prove that, if G is a bipartite graph with an odd number of vertices, then G is non-Hamiltonian. (ii) Deduce that the graph in Fig. 7.7 is non-Hamiltonian. Fig. 7.7 (iii) Show that, if n is odd, it is not possible for a knight to visit all the squares of an n chessboard exactly once by knigh... 1 answer ##### Write out the electron configuration for neutral bromine. Draw the Lewis dot structure. Which depiction allows for better understanding of electrons involved in bonding? Explain your reasoning. Write out the electron configuration for neutral bromine. Draw the Lewis dot structure. Which depiction allows for better understanding of electrons involved in bonding? Explain your reasoning.... 1 answer ##### Bon Nebo Co. sold 30,000 annual subscriptions of Bjorn for$105 during December 20Y5. These new...
Bon Nebo Co. sold 30,000 annual subscriptions of Bjorn for $105 during December 20Y5. These new subscribers will receive monthly issues, beginning in January 20Y6. In addition, the business had taxable income of$970,000 during the first calendar quarter of 20Y6. The federal tax rate is 40%. A quart...
1 answer
##### What is the improved quadratic formula in solving quadratic equations?
What is the improved quadratic formula in solving quadratic equations?...
1 answer
##### The 50-kg crate shown below starts from rest and achieves a velocity of 4 m/s after...
The 50-kg crate shown below starts from rest and achieves a velocity of 4 m/s after traveling 5m to the right. If P = 223.57 N and the coefficient of kinetic friction between the crate and ground is plik = 0.3, determine the work done by friction (in Nm) from s = Om to s = 5m. P 30°...
1 answer
##### 26.5+ 1.589 26.5+ 1.710 Question 5 10 pts The U.S. Commission on Crime randomly selects 600...
26.5+ 1.589 26.5+ 1.710 Question 5 10 pts The U.S. Commission on Crime randomly selects 600 files of recently committed crimes in an area and finds 380 in which a firearm was reportedly used. Find a 95% confidence interval for p, the true fraction of crimes in the area in which some type of firearm ...
3 answers
##### How do you find the slope of the line parallel to and perpendicular to y+3=3x+2?
How do you find the slope of the line parallel to and perpendicular to y+3=3x+2?...
1 answer
##### Do 2.3.4 Use the data "Orange" in R. You should include the r code as well...
Do 2.3.4 Use the data "Orange" in R. You should include the r code as well as the output in your file, with appropriate answer to questions. Answer the following questions in your document 1. Fit a simple linear regression using "circumterence" as response and "age" as predi...
1 answer
##### MC Qu. 19 Solving for Rates What annual rate of return is implied on a Sam......
MC Qu. 19 Solving for Rates What annual rate of return is implied on a Sam... Solving for Rates What annual rate of return is implied on a $2.200 loan taken next year when 55.100 must be repaid in year 11? Multiple Choice Problem 5-54 Loan Balance (LG5-9) Hank purchased a car for$25,000 two years a...
1 answer
##### QUESTION 36 How do capsules enable certain bacteria to resist unenhanced attachment to phagocytes? The capsules...
QUESTION 36 How do capsules enable certain bacteria to resist unenhanced attachment to phagocytes? The capsules allow bacteria to form a biofilms on phagocytic cells enabling colonization of the phagocyte. The capsules prevent antibody molecules like IgG from attaching bacteria to antibody receptors...
1 answer
##### Inglés El isòtopo del plomo Pb-209 decae a un ritmo proporcional a la cantidad presente en...
Inglés El isòtopo del plomo Pb-209 decae a un ritmo proporcional a la cantidad presente en el instante t y tiene una vida media de 3.3 horas. Si un gramo de este isòtopo està presente incialmente ¿Cuanto tiempo tardarà en descomponerse al 90% del plomo? The ...
1 answer
##### Management Accounting Question No. 01 Which of the following tasks would usually be carried out first...
Management Accounting Question No. 01 Which of the following tasks would usually be carried out first in the budgetary planning process? a. Identify the principle budget factor or . b. Establish the organization's long term objectives. X c. Establish the level of sales demand X d. Calculate ...
1 answer
##### Inductance Question (a) Explain, with a sketch and a few sentences, why the currents induced in...
Inductance Question (a) Explain, with a sketch and a few sentences, why the currents induced in a superconductor are oriented in such a way as to levitate a small piece of superconducting material placed on top of the north pole of a permanent magnet. (b) What happens if the superconductor is plac...
1 answer
##### Papst Company is preparing its cash budget for the month of May. The following information is...
Papst Company is preparing its cash budget for the month of May. The following information is available concerning its accounts receivable (based on sales made to customers on open account): Actual credit sales for March Actual credit sales for April Estimated credit sales for May Estimated collecti...