Lucid 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 $ 118,000 $ 59,000 $ 177,000 Variable expenses 29,320 6,080 35,400 Contribution margin $ 88,680 $ 52,920 141,600 Fixed expenses 91,680 Net operating income $ 49,920

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.