#4 10 0.63 points Saved 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. Sales O ratio Product Flight Dynamic Sure Shot $660,000 $340,000 Total $1,000,000 67% 75% Fixed expenses total $574,000 per month. Required: ellook References 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 $47,000 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. Reqred 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.e. 0.1234 should be entered as 12.34).) Sales Variable expenses Contribution margin Fixed expenses Net operating income Flight Dynamic Sure Shot Amount % Amount % Total Company Amount % $660,000 Required 2> Help Save Homework #4 10 Saved 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: 063 points Sales CM ratio Product Total 67% Flight Dynamic Sure Shot $660,000 75% $ 340,000 $1,000,000 elook References Fixed expenses total $574,000 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 $47,000 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. 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 Help Save & Question 10-Homework 4-Connect Homework #40 10 Assume The Following Information: Amount Per Unit Chegg.com Seved 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 063 points Product Sales Flight Dynamic Sure Shot $660,000 $340,000 Total $1,000,000 O ratio 676 75% Fixed expenses total $574,000 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 $47,000 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. Required 3 Regured 2 Required 3 f sales increase by $47,000 a month, by how much would you expect the monthly net operating income to increase? (Do not und intermediate calculations. Round your answer to the nearest whole dollar amount.) pening names by Help Save & Exit Submit