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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

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 $562,000 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
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).)
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