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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 $$555,500$ per month.

Required:

Prepare a contribution format income statement for the company as a whole.

What is the company's break$-$even point in dollar sales based on the current sales mix?

If sales increase by $$60,000$ 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.

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$.0\mathrm{.}1234$ should be entered as $12\mathrm{.}34).)$

Flight Dynamic

Sure Shot

Total Company

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