Olongapo Sports Corporation distributes two premium golf ballsFlight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the two products follow:

	Product		Total
	Flight Dynamic	Sure Shot
Sales	$ 740,000	$ 260,000	$ 1,000,000
CM ratio	66%	74%	?

Fixed expenses total $578,000 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 $48,000 a month, by how much would you expect the monthly net operating income to increase?

Prepare a contribution format income statement for the company as a whole. (Round your percentage answers t (i.e. 0.1234 should be entered as 12.34).) What is the company's break-even point in dollar sales based on the current sales mix? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) If sales increase by $48,000 a month, by how much would you expect the monthly net operating income to increase? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.)