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 $ 94,000 $ 47,000 $ 141,000 Variable expenses 29,200 6,050 35,250 Contribution margin $ 64,800 $ 40,950 105,750 Fixed expenses 85,725 Net operating income $ 20,025 Required: 1. What is the overall contribution margin (CM) ratio for the company
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Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income s...
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