Check my work 20 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: 0.95 points Product Flight Sure Dynamic Shot $ 700,000 $ 300,000 61% 73% Sales CM ratio Total $ 1,000,000 ? eBook Fixed expenses total $568,500 per month Hint 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 $51,000 a month, by how much would you expect the monthly net operating income to increase? Files Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 References 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 Amount % Sure Shot Amount % Total Company Amount % % % % % % % % % Check my work 20 Exercise 6-12 Multiproduct Break-Even Analysis (LO6-9) 0.95 points 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 S 700,000 $ 300,000 61% 738 Total $ 1,000,000 ? Sales CM ratio eBook Hint Fixed expenses total $568,500 per month. 0 Files 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 $51,000 a month, by how much would you expect the monthly net operating income to increase? Print Complete this question by entering your answers in the tabs below. References 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 Check my work 20 Exercise 6-12 Multiproduct Break-Even Analysis (LO6-9) 0.95 points 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 S 700,000 $ 300,000 61% 738 Total $ 1,000,000 $ ? Sales CM ratio eBook Hint Fixed expenses total $568,500 per month. 0 Files 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 $51,000 a month, by how much would you expect the monthly net operating income to increase? Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 If sales increase by $51,000 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