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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 follow, Sales CH ratio 2 Product Plight Dynamic Sure Shot Total $ 710,000 $ 290,000 $ 1,000,000 700 741 Fixed expenses total $571,000 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 $58.000 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 (1.e. 0.1234 should be entered as 12.34).) Sales Nariable expenses Contribution margin Fixed expenses Net operating income Flight Dynamic Sure Shot Total Company Amount % Amount % Amount % $ 710,000 100.00 $ 290,000 100.00 $ 1.000.000 100.00 213,000 30.00 75.400 26.00 288.400 28.84 $ 497.000 70.00 $ 214,600 74.00 711,600 71.16 Required 2 > 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 Dynante Sure Shot Total Sales $ 710,000 $ 290,000 $. 1,000,000 CM ratio 700 740 Fixed expenses total $571,000 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 $58,000 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. cos Required 1 Required 2 Required 3 What is the company's break-even point in dollar sales based on the current sales mixe? (Do not round Intermediate calculations. Round your answer to the nearest whole dollar amount.) Brunkuven point in dollar sales Required 1 Required 3 > 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 Product Flight Dynante Sure Shot $ 710,000 $ 290,000 705 745 Total 3 1,000,000 7 Fixed expenses total $571,000 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 $58,000 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 If sales increase by $58,000 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