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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 $ 690,000 $ 310,000 67% 76% Total $ 1.000.000 Sales CM ratio Fixed expenses total $594,500 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. 1 sales increase by S59,000 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 places (.e. 0.1234 should be entered as 12.34):) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Prepare a contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal places (le. 0.1234 should be entered as 12.34):> Sales Variable expenses Contribution margin Fixed expenses Net operating income Flight Dynamic Sure Shot Amount Amount S690,000 100.00 $ 310.000 100.00% 33 00 24001% 5,476.100 67001 5 310.000 76.00 Total Company Amount 1.000.000 100.00% 213.900 786, 100 100.00% $786.100 Required 2 > 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 $59,000 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 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 neartist whole dollar amount Break-even point in sales Fixed expenses total $594,500 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 $59,000 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 $59,000 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 whola dollar amount Net operating income increases by

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