Olongapo Sports Corporation distributes two premium golf ballsthe Flight Dynamic and the Sure Shot. Monthly sales and the contribution margin ratios for the two products follow: Product Flight Dynamic Total Sales $720,000, CM Ratio 63% Sure Shot total sales $280,000 CM Ratio 72% total? $1,000,000 CM Ratio Total ? Fixed expenses total $558,000 per month.

1. Prepare a contribution format income statement for the company as a whole.

2. Compute the break-even point for the company based on the current sales mix

3. sales increase by $42,000 a month, by how much would you expect net operating income to increase?