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CBA Products markets two video games: Padel and Tennis. The following information was recorded for the year: Total fixed costs for the year were $41,250.

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CBA Products markets two video games: Padel and Tennis. The following information was recorded for the year: Total fixed costs for the year were $41,250. Required: 1. Prepare a contribution formation income statement for CBA company. 2. Compute the overall contribution margin (CM) ratio for the company. 3. Compute the overall break-even point for the company in dollar sales. 4. Verify the overall break-even point for the company by constructing a contribution format income statement showing the appropriate levels of sales for the two products

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