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Exercise 5-12 Multiproduct Break-Even Analysis LO5-9) Olongapo Sports Corporation distributes two premium golf balls--the Flight Dynamic and the Sure Shot Monthly sales and the contribution

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Exercise 5-12 Multiproduct Break-Even Analysis LO5-9) Olongapo Sports Corporation distributes two premium golf balls--the Flight Dynamic and the Sure Shot Monthly sales and the contribution margin ratios for the two products follow: Product Flight Dynamic Sure Shot Total $730,000 $270,000 $1,000,000 65% 75% Sales CM ratio Fixed expenses total $588.500 per month. Required: 1. Prepare a contribution format income statement for the company as a whole. Round your percentage answers to 2 decimal places (i e..1234 is considered as 12.34) Olongapo Sports Corporation Flight Dynamic Sure Shot Amount Amount 100.00 270,000 100.00 Sales 730,000 Variable expenses SI 730,000 100.00 %ISI 270,000 100.00 Contribution margin Fixed expenses Net operating income Total Company 100.00 1,000,000 1.000.000 100.00 1,000,000

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