5. Exercise 6-12 Multiproduct Break-Even Analysis (L06-9) 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: Product Sure Dynamic Shot $750,000 $ 250,000 65% 76% Sales CM ratio Total $ 1.000.000 ? Fixed expenses total $587,500 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 $43,000 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 Prepare a contribution format income statement for the company as a whole (Round your percentage answers to 2 decimal places (e. 0.1234 should be entered as 12.34).) Sure Shot Flight Dynamic Amount Amount Total Company Amount 0 54 0 5 0 000 $ 0 0.00 0 0.00% 5 0 Required 2 > Exercise 6-12 Multiproduct Break-Even Analysis (L06-9) 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. Product Flight Sure Dynamic Shot $750,000 $ 250.000 76% Book Sales CH ratio Total $ 1,000,000 Hint Fixed expenses total $587,500 per month Fres 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 $43,000 a month, by how much would you expect the monthly net operating income to increase? Pril Complete this question by entering your answers in the tabs below. ferences 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 sales Exercise 6-12 Multiproduct Break-Even Analysis (L06-9) 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 Product Flight Sure Dynamic Shot $750,000 $ 250,000 655 76% ook Sales CH ratio Total $ 1.000.000 Fixed expenses total $587,500 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 $43,000 a month, by how much would you expect the monthly net operating income to increase? rin Complete this question by entering your answers in the tabs below. Required Required 2 Required if sales increase by $43,000 a month, by how much would you expect the monthly net operating income to increase? (Do not Yound intermediate calculations. Round your answer to the nearest whole dollar amount Net operating income increases by
