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 Sales CH ratio Product Flight Dynamic Sure Shot $ 730,000 $ 270,000 68% 72% Total $ 1.000.000 Fixed expenses total $560,500 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 ml? 3. If sales increase by $46.000 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: Required 2 Required Prepare a contribution format income statement for the company as a whole (round your percentage answers to 2 decimal places (0.1234 should be entered a 12:34) Flight Dynamic Sure Shot Total Company Amount Amount Amount PE 1 ct 2 Next > a 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 $46.000 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 (1.e. 0.1234 should be entered as 12.34).) Flight Dynamic Amount % Sure Shot Amount % Total Company Amount Required 2 > Prex 1 of 2 Next > > a Help Fixed expenses total $560,500 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 $46,000 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 nearest whole dollar amount.) Break even point in dollar sales 1 of 2 HII Next > a $ w Fixed expenses total $560,500 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 $46,000 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 Requlred 3 If sales increase by $46,000 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.) Net operating income increate y a
