Olongapo Sports Corporation distributes two premium golf ballsFlight Dynamic and Sure Shot. Monthly sales and...
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Accounting
Olongapo Sports Corporation distributes two premium golf ballsFlight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the two products follow:
Product Total
Flight Dynamic Sure Shot
Sales $ $ $
CM ratio
Fixed expenses total $ per month.
Required:
Prepare a contribution format income statement for the company as a whole.
What is the company's breakeven point in dollar sales based on the current sales mix?
If sales increase by $ a month, by how much would you expect the monthly net operating income to increase?
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