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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

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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 Sure Dynamic Shot $ 660,000 $340,000 GOX 76% Sales C ratio Total $ 1,000,000 Fived expenses total $555,500 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 mise 3. sales increase by $41000 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. Regedi Required Resulted 3 Prepare a contribution format income statement for the company as a whole, Round your partageantworto 3 decimal places 0.1934 should be an das 12:34) Sure Shot Fight Oy Amount Total Company Arnaust 14 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 $41.000 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 i Required 2 Required 3 Prepare a contribution format income statement for the company as a whole. Round your percentage answers to 2 decimal places (1.0.0.1234 should be entered as 12,34).) Flight Dynamic Sure Shot Total Company Amount Amount Amount S %6 4 3 Required 2 > Sales CM ratio Dynamic $ 660,000 60% Shot $ 340,000 Total $ 1,000,000 ? 76% ixed expenses total $555,500 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 $41.000 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 If sales increase by $41,000 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 Not operating income increases by

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