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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 $116,000 $ 58,000 $ 174,000 Variable expenses 42,760 9,440 52,200 Contribution margin $ 73,240 $ 48,560 121,800 Fixed expenses 81,690 Net operating income $ 40,110 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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