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 $ 750,000 $ 250,000 $ 1,000,000 CM ratio 67% 75% ? Fixed expenses total $558,000 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 $55,000 a month, by how much would you expect the monthly net operating income to increase?