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Onge Sports Corporation des two premium god bas-Flight Oynamic and Sure Shot. Monthly sales and the contribution expenses $599,500 per mon 1. Proper carbon hit
Onge Sports Corporation des two premium god bas-Flight Oynamic and Sure Shot. Monthly sales and the contribution expenses $599,500 per mon 1. Proper carbon hit income statement for the company ex whole by $47000 or by how much wound you expect the morly net operating come to increase Saft Stat Stal Conusre Olongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the two products follow: Product Total Flight Dynamic Sure Shot Sales CM ratio $ 740,000 $ 260,000 $ 1,000,000 69% 74% Fixed expenses total $599,500 per month. ok rine 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 $47,000 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. 0 rences Required 1 Required 2 Required 3 Prepare a contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal places (ie. 0.1234 should be entered as 12.34).) Flight Dynamic Amount % Sure Shot Amount Total Company Amount 96 Required 2 >
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