Chapter Five - HW i 1 10 points eBook Hint Print References 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 CM ratio Flight Dynamic $ 700,000 Required 1 Product Required 2 Required 3 63% Fixed expenses total $589,000 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 $45,000 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. $ Sure Shot $ 300,000 77% Total $ 1,000,000 ? 352,695 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 Saved

Olangapo Sports Corpcration distributes two premium goif balls - Flight Dynamic and Sure Shot. Monthly sales and the contribution mangin ratios for the two products follow: Foxed expenses total $589.000 per month. Aequired: 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 $45,000 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. What is the companys break-even point in dollar sales based on the current sales mike (OD not round intermediate calculations. Round your answer to the nearest whele dollor amount.)