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Exercise 6-12 Multiproduct Break-Even Analysis [LO6-9] Olongapo Sports Corporation distributes two premium golf balls -Flight Dynamic and Sure Shot. Monthly sales and the contribution margin

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Exercise 6-12 Multiproduct Break-Even Analysis [LO6-9] 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 Product FlightSure Dynamic $ 740,000 Shot Sales CM ratio 26e ,ee. 74% Tota 1,000,000 $ 78% .. Fixed expenses total $598,000 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 $46,000 a month, by how much would you expect the morthly net operating income to increase? 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 p should be entered as 12.34).) laces (i.e. 0.1234

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