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Olongapo Sports Corporation distributes two premium golf balls-the Flight Dynamic and the Sure Shot Monthly sales and the contribution margin ratios for the two products

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Olongapo Sports Corporation distributes two premium golf balls-the Flight Dynamic and the Sure Shot Monthly sales and the contribution margin ratios for the two products follow Product Flight Dynamic Sure Shot Total Sales $700,000 $300,000 $1,000,000 CM ratio 63% Fixed expenses total $579,000 per month. Required: 1. Prepare a contribution format income statement for the company as a whole. Round your percentage answers to 2 decimal places (i.e. .1234 is considered as 12.34) Olongapo Sports Corporation Sure Shot Flight Dynamic Amount Amount 5 0,00% 0.00 Total Company Amount 0.00

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