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polnts skipped eBook f References Exercise 5-12 (Algal Multiproduct Break-Even Analysis [L05-9] Olongapo Sports Corporation distributes two premium golic ballsFlight Dynamic and Sure Shot. Monthly
polnts skipped eBook f References Exercise 5-12 (Algal Multiproduct Break-Even Analysis [L05-9] Olongapo Sports Corporation distributes two premium golic ballsFlight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the two products follow: Product 1 Flight Dynamic Sure Shot Tote Sales :1, 579,999 $ 336,890 $ 1,968,899 CM ratio 68% 71% ? Fixed expenses total $560,000 per month. Required: 1. Prepare a contribution format income statement for the company as a whole. 2. What is the company's breakieven point in dollar sales based on the current sales mix? 3. If sales increase by $53,000 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 Prepare a contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal places (he. 0.1234 should be entered as 12.34).) Required 2 )
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