Olongapo Sports Corporation distributes two premium golf ballsFlight Dynamic and Sure Shot. Monthly sales and...
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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 question mark 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 monthly net operating income increase?
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 question mark
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 monthly net operating income increase?
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