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Olongapo Sports Corporation distributes two premlum golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contribution. margin ratios for the two products follow: Fixed

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Olongapo Sports Corporation distributes two premlum golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contribution. margin ratios for the two products follow: Fixed expenses total $580,000 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 $45.000 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. Prepare a contribution format income stotement for the company as a whole. (Round your percentage answers to 2 dedmat piaces. (1.e. 0.1234 should be entered as 12.34).) Iongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and argin ratios for the two products follow: Fixed expenses total $580,000 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 $45,000 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. 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.) Olongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contr margin ratios for the two products follow: Flxed expenses total $580,000 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 $45,000 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. If sales increase by $45,000 a month, by how much would you expect the monthly net operating ineome to increase? (Do not round intermediate calculations. Round your answer to the nearest whofe dolltar amount.)

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