Exercise 5-12 (Algo) Multiproduct Break-Even Analysis (L05-9) 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 Dynamic Total Sure Shot Sales $ 720,000 $ 280,000 $1,000,000 CH ratio 698 74% Fixed expenses total $582,500 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 $55,000 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 (1.0.1234 should be entered as 12.34).) Flight Dynamic Amount Sure Shot Amount Total Company Amount Required 2 >