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	$ 660,000	$ 340,000	$ 1,000,000
CM ratio	69%	78%	?

Fixed expenses total $591,000 per month.

Prepare a contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal places (i.e. 0.1234 should be entered as 12.34).)

	Flight Dynamic	Sure Shot	Total Company
	Amount	%	Amount	%	Amount	%
Salesselected answer correct	$660,000selected answer correct	100.00selected answer correct	$340,000selected answer correct	100.00selected answer correct	1,000,000selected answer correct	100.00selected answer correct
Variable expensesselected answer correct	237,600selected answer incorrect	36.00selected answer incorrect	95,200selected answer incorrect	22.00selected answer correct	332,800selected answer incorrect	33.28selected answer incorrect
Contribution marginselected answer correct	$422,400selected answer incorrect	64.00selected answer incorrect	$244,800selected answer incorrect	72.00selected answer incorrect	667,200selected answer incorrect	66.72selected answer incorrect
Fixed expensesselected answer correct					555,000selected answer incorrect
Net operating incomeselected answer correct					$112,200selected answer incorrect

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 $54,000 a month, by how much would you expect the monthly net operating income to increase?

If sales increase by $54,000 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 increases by

$