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Olongapo Sports Corporation distributes two premium golf balls the Flight Dynamic and the Sure Shot. Monthly sales and the contribution margin ratios for the two

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Olongapo Sports Corporation distributes two premium golf balls the Flight Dynamic and the Sure Shot. Monthly sales and the contribution margin ratios for the two products follow: Product Flight Dynamic S690,000 Sure Shot $310,000 S1,000,000 Total Sales CM ratio 66% 73% Fixed expenses total $596,500 per month. Required 1. Prepare a contribution format income statement for the company as a whole. Round your percentage answers to 2 decimal places (i.e. .1234 is considered as 12.34) Olongapo Sports Corporation Flight Dynamic Sure Shot Total Company Amount Amount Amount 2. Compute the break-even point for the company based on the current sales mix. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Break-even point in sales 3. If sales increase by $50,000 a month, by how much would you expect net operating income to increase? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Net operating income increases by

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