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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: Flight Dymanie $ 670,000 641 Shot $ 330,000 Total $1,000,000 CX ratio Fixed expenses total $577,000 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 $53,000 a month, by how much would you expect the monthly net operating income to increase? 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 $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 place should be entered as 12.34).) Flight Dynamic Amount Sure Shot Amount % Total Company Amount S 0.00 % $ 0 0.00% 0 0.0019 Required 2 > 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 $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 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.) Break-even point in sales 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 $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 If sales increase by $53,000 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.) Net operating income increases by

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