Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

1. Lucky Products markets two computer games: Predator and Runway. A contributio

ID: 2376568 • Letter: 1

Question

1.

Lucky Products markets two computer games: Predator and Runway. A contribution format income statement for a recent month for the two games appears below:



Compute the overall contribution margin (CM) ratio for the company. (Omit the "%" sign in your response.)



Compute the overall break-even point for the company in sales dollars. (Do not round intermediate calculation. Omit the "$" sign in your response.)



Complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (Input all amounts as positive values except losses which should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to the nearest dollar amount. Omit the "$" sign in your response.)



Lucky Products markets two computer games: Predator and Runway. A contribution format income statement for a recent month for the two games appears below:

Explanation / Answer