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 $ 112,000

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 $ 112,000 $ 56,000 $ 168,000 Variable expenses 34,600 7,400 42,000 Contribution margin $ 77,400 $ 48,600 126,000 Fixed expenses 84,600 Net operating income $ 41,400 Required: 1. is the overall contribution margin (CM) ratio for the company? 2. 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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