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 $ $98,000$ $ $49,000$ $ $147,000$

Variable expenses $24,5204,88029,400$

Contribution margin $ $73,480$ $ $44,120117,600$

Fixed expenses $91,440$

Net operating income $ $26,160$

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.