Question 8 Ch5

Olongapo Sports Corporation distributes two premium golf balls - Flight Dynamic and Sure Shot. Monthly sales arid the contribution margin ratios for the fwo products follow: Fixed expenses total $594.000 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 curtent sales mix? 3. If sales increase by $44,000 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 is the company's break even point in dollar sales based on the current sales mix? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) 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 $44,000 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 contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal places (i.e. 0.1234 should be entered as 12.34 ).) 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 $594,000 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 $44,000 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. If sales increase by $44,000 a month, by how much would you expect the monthly net operating income to increase? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Olongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contribution matgin ratios for the two products follow: Fixed expenses total $594,000 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 $44,000 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 contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal places (C.0. 0.1234 should be entered as 12.34).)