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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 $ 100,000 31,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income Makeover $ 50,000 6.500 $.43,500 $ 69,900 Total $ 150,000 37,500 112,500 18,425 $ 24,075 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 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's overall break-even point in dollar sales? (Do not round intermediate calculations.) Overall break-even point 88.425 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. 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.) Total Lucido Products Contribution Income Statement Claimjumper Makeover Sales 78.804 IS 37,000 $ Variable expenses (24,367) 4,888 Contribution margin $ 54.237 s 32.712 Fixed expenses Net operating income (los) S 112.800 28.200 84.000 34.000 0

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