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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 $164,680 38,440 5 65,560 Makeover $ 52,000 3,360 $ 43,640 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 156,000 46.800 109,200 81,480 5 27,720 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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