Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please explain step by step with formulas and explanations please OWngapo Spoits Corpotabon erbibutes two pre tium goir biwn-Fight Dynamic and sume shot Montiby saies

please explain step by step with formulas and explanations please
image text in transcribed
image text in transcribed
image text in transcribed
OWngapo Spoits Corpotabon erbibutes two pre tium goir biwn-Fight Dynamic and sume shot Montiby saies ang the contritusion maj jatos for the two products folisw Fioed expenses total $580000 per marti. Requlied t Prepere a corectioution tarmat income stabement for the company as a whiche If If sales incirate by 555900 a marth, by how imach wowd you eapect the monthly net opeiating incoine to increase? Qiongapo Sports Corporation distriutes two premiun gott balis- Fight Dynamic and Sure Shot. Monthly sases and the contricution maryin ratios for the two products folow: Fixed expenses totai $568.000 per manth. Asquirec: 1 Prepare a contribution format income statement for the company as a whole. 2. What is the conpany breake eveo point in doliar cales based on the cuntent sales mix? 3. it sates increase by s5 500 a mooth, by how much would you expect the monthily net operating income to increase? Creuplete this question try entering vour answers in the tals below. Oungapo Sports Corporation distributes two premium goir bails - Flight Dynarnic and Sure Shot. Monthly saies and the contricutiop margin ratios for the two products follow: Fixed expenses total 5588,000 per month. Requlred: 1. Repare a contributon format income statement for the company as a whole: 2. What is the companys breakenen point in dotar soles bosed on the current sales mix? 2. If taltes increase by 555.000 a month, by how much would you expect the monthly net operating income to increase? Complete this auestion try entering your answers in that tabs below. If sales increase by $55,000 a menth, by trow much would vou expect the monthly net operaing income to increase ( ipo peimt

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Local Union Financial Records A Guide For Local Union Trustees

Authors: John Lund

1st Edition

0875461948, 978-0875461946

More Books

Students also viewed these Accounting questions

Question

Develop successful mentoring programs. page 400

Answered: 1 week ago