3 Exercise 5-12 (Algo) Multiproduct Break-Even Analysis (LO5-9) Olongapo Sports Corporation distributes two premium golf balls--Flight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the two products follow: Droduct Pelight Sure Dynanie Shot $ 740,000 9260,000 710 Sales C ratio Total $1,000,000 7 Fixed expenses total $563,500 per month Required: 1. Prepare a contribution format income statement for the company as a whole 2. What is the company's break even point in dollar sales based on the current sales mix? 3. If sales increase by $57.000 a month, by how much would you expect the monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Begured Required Required Prepare a contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal places (e. 01234 should be entered as 12.34):) Fight Dyname Amount Sure Shot Anunt Yotal Company Amount Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal places (I should be entered as 12.34).) Flight Dynamic Amount % Sure Shot Amount % Total Company Amount % 0 % % % 0.00% 0 % % 0.00% $ 0 0.00% $ 0 0 $ 0 Required 2 Sales CM ratio Dynamic $ 740,000 648 Shot $ 260,000 718 Total $ 1,000,000 7 Fixed expenses total $563,500 per month k Required: 1. Prepare a contribution format income statement for the company as a whole, 2. What is the company's break-even point in dollar sales based on the current sales mix? 3. If sales increase by $57,000 a month, by how much would you expect the monthly net operating income to increase cos Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's break-even point in dollar sales based on the current sales mix? (Do not round Intermediate calculations. Round your answer to the nearest whole dollar amount.) Break even point in dollar sales 3 Salos CM Eatio Dynamic $ 740,000 648 Shot $ 260,000 711 Total $1,000,000 2 Fixed expenses total $563,500 per month ats eBook Required: 1. Prepare a contribution format income statement for the company as a whole. 2. What is the company's break-even point in dollar sales based on the current sales mix? 3. If sales increase by $57,000 a month, by how much would you expect the monthly net operating income to increase? rences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Retuired 3 If sales increase by $57,000 a month, by how much would you expect the monthly net operating income to increase? (Do not round Intermediate calculations. Round your answer to the nearest whole dollar amount.) Not operating income increases by