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Olongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the two products followw Product Flight Dynamic 670,000 330,000 1,000,000 Shot Total Sales CM ratio 64% 76% Fixed expenses total $599,000 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 $56,000 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 (i.e. 0.1234 should be entered as 12.34).) Flight Dynamic Sure Shot Total Company 0.00% S 01 000% 01 000196 Required 1 Required 2 Complete this question by entering your answers in the tabs below. Required 1Required 2Required 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 K Required 1 Required 3 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If sales increase by $56,000 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.) Net operating income increases by Required 2 Required 3 Lindon Company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $162,000 per year. The company plans to sell 20,200 units this year Required 1. What are the variable expenses per unit? (Round your "per unit" answer to 2 decimal places.) 2 What is the break-even point in unit sales and in dollar sales? 3. What amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. What is the company's new break-even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $72,000? Answer is complete but not entirely correct. Variable expense per unit 2 Break-even point in units Break-even point in dollar sales Dollar sales needed to attain target profit New break-even point in dollar sales 21.00 8,000 540,000 26,000 780,000 3,500 405,000 5,467,500,000 3. Unit sales needed to attain target profit 4. New break-even point in unit sales Dollar sales needed to attain target profit