Question-1: Empire Products markets two computer games: Claim jumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Total Particulars Product Claim Jumper Makeover Sales $ 50,000 70,000 Variable Expense Ratio 30% 70% Fixed Expenses for the overall company are $24,000. 1,20,000 Required: a) Compute the overall contribution margin (CM) ratio for the company. b) Compute the overall break-even point for the company in dollar sales. c) Verify the overall break-even point for the company by constructing a contribution format income statement showing the appropriate levels of sales for the two products. d) Refer to the original data. If the company's sales increased by 1,00,00 in total, then how much Net operating Income will likely to change. What is your assumption here? e) Calculate the Degree of operating leverage (DOL) for the company as a whole. If the company's sales are increased by 10% in the next month and fixed cost is increased by 2%, then how much Net Operating income will change. (Refer to original data to the question). (5*2=10)