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show work please Olongapo Sports Corporation distributes two premium golf balls--Flight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the two
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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 Product Flight Sure Dynamic Shot $ 690,000 $ 310,000 757 Sales O ratio Total $ 1.000.000 OOK Fixed expenses total $589,500 per month Required: 1. Prepare a contribution format income statement for the companys 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 $47000 a month, by how much would you expect the monthly net operating income to increase? rint 0 Complete this question by entering your answers in the tabs below. tences Required: Required 2 Required 3 Prepare a contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal places (1.0.3234 should be entered as 12.34):) Flight Dynamic Amount % 5690.000 Sure Shot Amount % Sales Variable expenses Contribution bedense Het operating income Total Company Amount 690.000 0 690 000 0.001% $690.000 0.00 5 * 0.00 0 5 590 000 Required 2 > MODU 1 Olongapo Sports Corporation distributes to premium golfbagh Dynamic and Sue Shot Monthly sales and magratios for the two products follow 05 Dones eta Sales Orto . $10.00 Boc Fred expenses to $589 500 per month Required: 1. Prepare a contribution format income statement for the coas a whole 2. What is the company's break even points based on the 3 sales increase by 47000 a month by how much would you expect the operating income to Complete the question by entering your wars the Ese DIL 1 1 Olongapo Sports Corporation debes two premium golf balls--Flight Dynamic and Sure Shot margt test products follow 0.6 Pro 3, 5. Total $ 1.000 Chati bo Fixed experes total $589,500 per month er oo Required: 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 mo? 3. sales increase by $47000 a month by how much would you expect the monthly net operating inct Complete this question by entering your answers in the tabs below. Here Ted 2 of increase by 17.000 a month, by how much you spect the momeperating income date calculations found to the whole do mount Step by Step Solution
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