Exercise 5-12 (Algo) Multiproduct Break-Even Analysis [LO5-9] Olongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contributio margin ratios for the two products follow: Sales CM ratio Product Total Flight Dynamic $ 660,000 Sure Shot $ 340,000 $ 1,000,000 64% 71% ? Fixed expenses total $575,500 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 $47,000 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.