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please answer the question and i will leave a like Olongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and
please answer the question and i will leave a like
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: Fixed expenses total $572,500 per month. Pequired: 1. Prepare a contribution format income statement for the company as a whole. 2. What is the companys 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 monthly net operating income increase? Complete this question by entering your answers in the tabs below. Prepare a contribution format income statement for the company as a whole. Note: Round your percentage answers to 2 decimal places (1.e, 0.1234 should be entered as 12.34). Olongapo Sports Corporation distributes two premium goif balls-Flight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the two products follow: Fixed expenses total $572,500 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 $52,000 a month, by how much would monthly net operating income 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? Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount. Olongapo Sports Corporation distributes two premium goif balls-Flight Dynamic and Sure Shot. Monthly sales and the contribution margin ratlos for the two products follow: Fixed expenses total $572,500 per month. Required: 1. Prepare a contribution format income staternent for the cornpany 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 monthly net operating income increase? Complete this question by entering your answers in the tabs below. If sales increase by $52,000 a month, by how much would monthly net operating income increase? Note: Do not round intemediate Calculations. Round your answer to the nearest whole doliar amount Step by Step Solution
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