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 Total

Flight Dynamic Sure Shot

Sales $ $660,000$ $ $340,000$ $ $1,000,000$

CM ratio $64\%75\%?$question mark

Fixed expenses total $$558,000$ 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 $$47,000$ a month, by how much would monthly net operating income increase?