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 $ $720,000$ $ $280,000$ $ $1,000,000$

CM ratio $61\%71\%?$question mark

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 $$44,000$ a month, by how much would monthly net operating income increase?