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Accounting! 5 q 2 Olongapo Sports Corporation Distributes two premium golf ballsthe Flight Dynamic and the Sure Shot Monthly sales and the contribution margin ratios
Accounting! 5 q 2
Olongapo Sports Corporation Distributes two premium golf ballsthe Flight Dynamic and the Sure Shot Monthly sales and the contribution margin ratios fen the two products fellow: Fixed expenses total $597,500 per month. Required: Prepare a contribution format income statement for the company as a whole. Round your percentage answers to 2 decimal places (i.e. .1234 is considered as 12.34). Compute the break-even point for the company based on the current sales mix. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) If sales increase by S44.000 a month, by how much would you expect net operating income to increase? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.)Step by Step Solution
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