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	$ 690,000	$ 310,000	$ 1,000,000
CM ratio	65%	78%	?

Fixed expenses total $591,500 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 $51,000 a month, by how much would you expect the monthly net operating income to increase?