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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 Flight

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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 Flight Dynamic Sure Shot Total $150,900 $258,800 $400,00 Sales CM ratic 88% 36% Flxed expenses total $183,750 per month ces 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 $100.000 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

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