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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 Sure Shot Total Dynamic $750,000 $250,000$1,000,000 Sales CM ratio 60% 79% Fixed expenses total $559,500 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 Sure Shot Flight Dynamic Amount Total Company Amount % Amount 0 0 0 0.00% $ 0 0.00 % 0.00 % 0 2. Compute the break-even point for the company based on the current sales mix. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) reak-even point in sales 3. If sales increase by $58,000 a month, by how much would you expect net operating income to increase? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) et operating income increases by

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