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Hello, I am working on an out of class problem and cannot figure it out can you please help me. Thanks in advance Lucido Products

Hello,

I am working on an out of class problem and cannot figure it out can you please help me.

Thanks in advance

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 Makeover Total Sales $ 106,000 $ 53,000 $ 159,000 Variable expenses 32,800 6,950 39,750 2.24 Contribution margin 5 73,200 $ 46,050 119,250 POMS Fixed expenses 83 ,475 Net: operating income $ 35 , 775 El Required: eBook 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 E the two products. Print [['i Complete this question by entering your answers in the tabs below. References 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.) ariable expenses Contribution margin Fixed expenses Net operating income (loss)

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