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 $ $110,000$ $ $55,000$ $ $165,000$

Variable expenses $34,0007,25041,250$

Contribution margin $ $76,000$ $ $47,750123,750$

Fixed expenses $84,375$

Net operating income $ $39,375$

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