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

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Olongapo Sports Corporation margin ratios for the two products follow distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contribution Product Flight Dynamic Sure Shot Total Sales 740,080 260,800 $1,800,000 CM ratio 61% 75% 012858 Fixed expenses total $559,500 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 $59,000 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

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