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Exercise 2-12 (Algo) Multiproduct Break-Even Analysis [LO2-9] Olongapo Sports Corporation distribules two premium golf bails-Flight Dynamic and Sure Shot. Monthly sales and the cantribution margin

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Exercise 2-12 (Algo) Multiproduct Break-Even Analysis [LO2-9] Olongapo Sports Corporation distribules two premium golf bails-Flight Dynamic and Sure Shot. Monthly sales and the cantribution margin ratios for the two products follow: Fixed expenses totai $577,000 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 bosed on the curtent sales mix? 3. If sales increase by $51,000 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. Prepare a contribution farmat income statement for the company as a whole. Note: Reond your percentage answers to 2 decmal places (1. e. 0.1234 should be entered as 12.34 )

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