(Algo) Multi product break even analysis

Exercise 5-12 (Algo) Multiproduct Break-Even Analysis [LO5-9] Olongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contributii margin ratios for the two products follow: Fixed expenses total $597,500 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 $42,000 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 (1.e. 0.1234 should be entered as 12.34).) Fixed expenses total $597,500 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 $42,000 a month, by how much would you expect the monthly net operating 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 calculations. Round your answer to the nearest, whole dollar amount.) Fixed expenses total $597,500 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 $42,000 a month, by how much would you expect the monthly net operating incor Complete this question by entering your answers in the tabs below. If sales increase by $42,000 a month, by how much would you expect the monthly net operating income to i round intermediate calculations. Round your anjswer to the nearest whole dollar amount.)