Lucky Products markets two computer games: Predator and Runway. A contribution format income statement for a recent month for the two games appears below:

		Predator		Runway		Total
Sales	$	112,000	$	56,000	$	168,000
Variable expenses		41,320		9,080		50,400
Contribution margin	$	70,680	$	46,920		117,600
Fixed expenses						78,540
Net operating income					$	39,060

1.	Compute the overall contribution margin (CM) ratio for the company I believe the anser is 7%, but I'm not sure

2.

Compute the overall break-even point for the company in sales dollars.

I got 1,122,000 but I'm not sure if its correct

3.

Complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products.

Predator	Runway	Total
SALES	$	$	$
Variable Expenses
Contribution Margin	$	$
Fixed Expense
Net Operating Income (loss)			$

Compute the overall break-even point for the company in sales dollars.