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	$740,000	$260,000	$1,000,000
CM ratio	69%	71%	?

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).

3. If sales increase by $49,000 a month, by how much would you expect net operating income to increase? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.)

Required: 1. Prepare a contribution format income statement for the company as a whole. Round your percentage answers to 2 decimal places (Le. .1234 is considered as 12.34). 0 Answer Is complete but: not entirely correct. -m- Fixed expenses 9 _-- - 2. Compute the break-even point for the company based on the current sales mix. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) 9 Answer I: complete and correct. $ 853.731 0 3. If sales increase by $49,000 a month. by how much would you expect net operating income to increase? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) 6 Answer IS complete but not entirely correct. $ 29,430 0