NOTE* you might need also to set your driver in Magix Music Maker for that refer page 4 of
How to connect mircrophone for recording?
steps
On computer keyboard click "P" key, it will open Program
settings/Audio Midi device,(refer image in the Pdf please)
look at left, you will have Driver option, it is
better to choose ASIO driver for low latency.
Otherwise choose according to your sound
card. Click ok and leave.