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

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Olongapo Sports Corporation distributes two premium golfbolls--Flight Dynamic and Sure Shot Monthly sales and the contribution margin ratios for the two products follow Product Flight Sure Dynamic Shot Total Sales 5 670,000 $ 330,000 $1,000,000 CM ratin 72 Fixed expenses total $564,000 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 $52,000 a month, by how much would you expect the monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Prepare a contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal places ( 10.12.34 should be entered as 12,34).) 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 $52.000 a month, by how much would you expect the monthly net operating income to increase? Complete this question by entering your answers in the tabs batow. Required 1 Required 2 Required 3 Prepare a contribution format Income statement for the company as a whole. (Round your porcentage answers to 2 decimal places (6.0.1234 should be entered as 12.34):) Flight Dynamic Amount $ 670,000 Sure Shot Amount % %$ 330,000 % Total Company Amount 1,000,000 ol 1.000.000 0.00 $ Sales Variable expenses Contribution margin Fixed expenses * $ 670,000 0.00% $ 330,000 0.00% Net operating income $ 1,000,000 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 $52,000 a month, by how much would you expect the monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Required 1 Requirt 2 Required 3 What is the company's break-even point in dollar sales based on the current sales mix? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Break-even point in dollar sales 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 $52,000 a month, by how much would you expect the monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If sales increase by $52,000 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

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