chp S Help Save A E Subm Exercise 5-12 Multiproduct Break-Even Analysis (LO5-9) 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 Plight Sure Dynamic Shot Total $700,000 $300,000 $1,000,000 688 775 Sales CM ratio Fixed expenses total $568,000 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 $59,000 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 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).) Flight Dynamic Sure Shot Total Company Amount Amount * Amon 5 Required 2 > Help Save & ER Exercise 5-12 Multiproduct Break-Even Analysis (LO5-9) 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 Total $700,000 $300,000 $1,000,000 688 774 2 Sales CM ratio Fixed expenses total $568,000 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 $59,000 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 Reged 2 Required What is the company's break-even point in dollar sales based on the current sales max? (Do not round intermediate calculations. Round your answer to the nearest whole dolar amount.) Break-even point in Help Save & Ext Exercise 5-12 Multiproduct Break-Even Analysis (LO5-9) 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 Plight Sure Dynamic Shot $700,000 $300,000 688 771 Total $1,000,000 Sales CM ratio Fixed expenses total $568,000 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 $59,000 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 Rebird 3 if sales increase by $59,000 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 dolar amount.) Net operating income increases by