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HELP! ILL LIKE!!!! Slongapo Sports Corporation distributes two premium golf balls- Flight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the
HELP! ILL LIKE!!!!
Slongapo 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 $591,000 per month. Required: 1. Prepare a contribution format income statement for the company as a whole: 2. What is the company's break-even polnt in dollar sales based on the current sales mix? 3. If sales increase by $47,000 a month, by how much would you expect the monthly net operating income to inctease? Complete this question by entering your answers in the tabs below. Prepare a contribution tormat income statement for the company as a whole. (Round your percentage amzwens to 2 decimal paces (i.e. 0.1234 should be entered as 12 .34) d 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 $591,000 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 dollat sales based on the current sales mix? 3. If sales increase by $47.000 a month, by how much would you expect the monthly net operating income to increase? Complete this question by entering your answers in the tabs below. What is the company's break-even point in dollar sales based on the current sales mbx? (Do not round interniediate. calculations. Round your answer to the nearest whole dollar amount.) Slongapo 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 $591,000 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 mbx? 3. If sales increase by $47,000 a month, by how much would you expect the monthly net operating income to increase? Complete this question by entering your answers in the tabs below. If tales increase by $47,000 a month, by how much would you expect the monthly net operating income to increase? (Do not round intermediate calculations. Round your answer to the nearest whicle dollar amount.) Step by Step Solution
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