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Exercise 5-12 (Static) Multiproduct Break-Even Analysis [LO5-9] Olongapo Sports Corporation distributes two premium golf balls - Flight Dynamic and Sure Shot. Monthly sales and the
Exercise 5-12 (Static) Multiproduct Break-Even Analysis [LO5-9] 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: Fixed expenses total $183,750 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 $100.000 a month, by how much would you expect the monthly net operating income to increase? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Prepare a contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal. olaces (1.e, 1234 should be entered as 12.34) )
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