Claimjumper Makeover Total

Sales $ $94,000$ $ $47,000$ $ $141,000$

Variable expenses $23,5604,64028,200$

Contribution margin $ $70,440$ $ $42,360112,800$

Fixed expenses $89,520$

Net operating income $ $23,280$

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.