Please explain #3 and how each box was filled in. Thanks.

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 $110,000 $ 55,000 $ 165,000 Variable expenses 40,600 8,900 49,500 Contribution margin $ 69,400 $ 46,100 115,500 Fixed expenses 80,010 Net operating income $ 35,490 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the overall contribution margin (CM) ratio for the company? Overall CM ratio 70 % 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 $110,000 $ 55,000 $ 165,000 Variable expenses 40,600 8,900 49,500 Contribution margin $ 69,400 $ 46, 100 115,500 Fixed expenses 80,010 Net operating income $ 35,490 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's overall break-even point in dollar sales? (Do not round Intermediate calculations.) Overall break-even point $ 114,300 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 $110,000 $ 55,000 $ 165,000 Variable expenses 40,600 8,900 49,500 Contribution margin $ 69,400 $ 46,100 115,500 Fixed expenses 80,010 Net operating income $ 35,490 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 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. (Do not round Intermediate calculations. Round your answers to the nearest dollar amount.) Lucido Products Contribution Income Statement Claimjumper Makeover Total Sales 330,000 55,000 X $ 385,000 Variable expenses Contribution margin 330,000 55,000 385,000 Fixed expenses 80,010 Net operating income (loss) IS $ 0 IS $