Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: ClaimjumperMakeoverTotalSales$ 116,000$ 58,000$ 174,000Variable expenses42,760 9,4405 2,200Contribution margin$ 73,240 $ 48,560 121,800Fixed expenses 77,910Net operating income $ 43,890

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.