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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 Dynamic Sure Shot 5 710,000 $ 290,000 63% 78% Sales CM ratio Total $ 1.ee,000 ? Fixed expenses total $570,000 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 now 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 Prepare a contribution format income statement for the company as a whole (Round your percentage answers to 2 decimal places lie. 0.1234 should be entered as 12.34):) Flight Dynamic Sure Shot Total Company Amount Amount Amount 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 (1.0.1234 should be entered as 12.34):) Flight Dynamic Sure Shot Total Company Amount Amount Amount Required 2 > 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 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 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.) Not operating income increases by

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