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CM ratio= 75% Overall break-even point= $117,600 Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month

CM ratio= 75%
Overall break-even point= $117,600 image text in transcribed
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 $118,000 36,400 $ 81,600 Makeover $ 59,000 7,850 $ 51,150 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $177,000 44,250 132,750 88,200 $ 44,550 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, Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 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. (Do not round Intermediate calculations. Round your answers to the nearest dollar amount.) Total $ 0 Engberg Company Contribution Income Statement Claimjumper Makeover Sales Variable expenses Contribution margin $ 0 $ 0 Fixed expenses Net operating income (loss) 0 0 $

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