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Exercise 5-10 (Algo) Multiproduct Break-Even Analysis (L05-9) Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month

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Exercise 5-10 (Algo) Multiproduct Break-Even Analysis (L05-9) 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 $116,000 $ 58,000 $ 174,000 Variable expenses 42,760 9,440 52,200 Contribution margin $73,240 $ 48,560 121,800 Fixed expenses 77,700 Net operating income 44,100 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 ces Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the overall contribution margin (CM) ratio for the company? Overall CM ratio Required 1 Required 2 Required 3 What is the overall contribution margin (CM) ratio for the company? Overall CM ratio % Required 1 Required 2 Required 3 What is the company's overall break-even point in dollar sales? (Do not round intermediate calculations.) Overall break-even point 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.) Lucido Products Contribution Income Statement Claimjumper Makeover Total $ 0 0 $ 0 $ 0 0 Net operating income (loss)

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