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PLEASE HELP ME!!!! PLEASE Olongapo Sports-Corporation distributes two premium goif batls-Flight Dymamic and Sure. Shot. Monthly sales and the contribution margin ratlos for the two
PLEASE HELP ME!!!! PLEASE
Olongapo Sports-Corporation distributes two premium goif batls-Flight Dymamic and Sure. Shot. Monthly sales and the contribution margin ratlos for the two products followe Flxed expenses total $591,000 per monith Required: 1. Prepare a contribution format income statement for the company as a whiole. 2. What is the company's breakieven point in dollar saies based on the current sales-mb? 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. Prepare a contubution format income statement for the company as a whole. (Hburid your ourcentage answers to 2 decimal alaces (i. 0.0,1234 whould be entered as 12:34 ). Fixed expenses total $591,000 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 $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. What hi the company"s breake even point in dollar sales based on the current sales mbx? (Do not round intermediate. calculations Round your answer to the nearest whole doltar amount.) Fixed expenses total $591,000 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 $47,000 a month, by how much would you expect the monthly net operating income to increase? Comptete this question by entering your answers in the tabs below. If sales increase by $47,000 a month, by how much would you expect the monthly net operating income to increase? (Do not round intermediate calcuiations. Round your answer to the nearest whole dollar amount.) Step by Step Solution
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