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Exercise 5-10 (Algo) Multiproduct Break-Even Analysis (LO5-9) 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 (LO5-9) Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $ 110,000 34,000 $ 76,000 Makeover $ 55,000 7.250 $ 47,750 Total $ 165,000 41,250 123, 750 84,375 $ 39,375 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

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