Exercise 6-12 (Aigo) Multiproaut Brea-Even Analysis [LOb-9 Olongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and the ce margin ratios for the two products follow: Product Flight Dynamic Sales CM ratio $ 740,000 Sure Shot $260,000 Total $1,000,000 63% 74% Fixed expenses total $570,000 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 $58,000 a month, by how much would you expect the monthly net operating income to increase? Answer is not complete. 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 (i.e. 0.1234 should be entered as 12.34).) Total Company Amount Flight Dynamic Sure Shot Sales Amount $740,000 100.00 1% Amount % $260,000 Variable expenses Contribution margin (273,800) O 37.00 (67,600) $466,200 63.00 $192,400 O 100.00 26.00 74.00 1,000,000 330,000 670,000 100.00 33.00 67.00 Fixed expenses Net onerating income (570,000) is 100.000 3