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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 $ 96,000 $ 48,000 $ 144,000 4 Variable expenses 29,800 6,200 36,000 Contribution margin $ 66,200 $ 41,800 108,000 Fixed expenses 82,800 Net operating income ' $ 25,200 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

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