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:

Check my w 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 Flight Dynamic Sure 150,000 $250,000 $400,000 Total Shot Sales CM ratio 80% 368 Fixed expenses total $183,750 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 mix? 3. If sales increase by $100,000 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 plac should be entered as 12.34).) Flight Dynamic Amount Sure Shot Total Company Amount Amount