Set up for question 3 -

Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income claimjumper $ 96,000 24,040 $ 71,960 Makeover $ 48,000 4,760 $ 43,240 Total $ 144,000 28,800 115,200 93,600 $ 21,600 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. Engberg Company Contribution Income Statement Claimjumper Makeover Total Net operating income (loss)