Question: Hi, I need help with the contribution income statement. I got part 1 right, as 75% and part 2 right as well, as $117,000. I
Hi, I need help with the contribution income statement. I got part 1 right, as 75% and part 2 right as well, as $117,000. I have also attached my work. Explanations would be great as this is my 3rd time doing this problem and I'm not sure how else to do this. Thanks so much for your time.



Exercise 5-10 Multiproduct Break-Even Analysis [LO5-9] 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 $ 96,000 29,800 $66,200 Makeover 6,200 $41,800 Total s 48,000 144,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income 36,000 108,000 87,750 $ 20,250 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
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