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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

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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 $ 118,000 $ 59,000 $ 177, 000 Variable expenses 36, 400 7 , 850 44, 250 Contribution margin $ 81, 600 $ 51, 150 132, 750 Fixed expenses 83 , 250 Net operating income $ 49,500 Required: 1. What is the company's overall contribution margin (CM) ratio? 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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