Question: Question is in a table, so I had to attach as picture. Pls. check out. Thanks! 5. Olongapo Sports Corporation is the distributor in the

Question is in a table, so I had to attach as picture. Pls. check out. Thanks!

5. Olongapo Sports Corporation is the distributor in the Philippines of two premium golf ballsthe Flight Dynamic and the Sure Shot. Monthly sales, expressed in pesos (P), and the contribution margin ratios for the two products follow: Sales ............ P1 50.000 P250.000 P400000 CM ratio .......... 80% 36% ? Fixed expenses total P183350 per month. Required: 1. Prepare a contribution format income statement for the company as a whole. Carry computations to one decimal place. 2. Compute the break-even point for the company based on the current sales mix. 3. If sales increase by P100,000 a month, by how much would you expect net operating income to increase? What are your assumptions

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