Parent Company P purchased 90% of Subsidiary Company S for stock worth $100,000. Subsidiary Company S had a net book value of $50,000 including: "bonds payable" at book value of $10,000 and fair value of $15,000: "inventory" with a book value of $5,000 and a fair value of $7,000; and "PP&E" with a book value of $10,000 and a fair value of $20,000. Assuming the tax rate is 40% (and ignoring any deferred taxes on goodwill) Net deferred taxes are:

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 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)