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Business, 12.04.2021 22:30 paige5horses2000
Exercise 6-12 Multiproduct Break-Even Analysis [LO6-9] 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: Product Flight Dynamic Sure Shot Total Sales $ 740,000 $ 260,000 $ 1,000,000 CM ratio 69 % 74 % ? Fixed expenses total $598,500 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 $43,000 a month, by how much would you expect the monthly net operating income to increase?
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Exercise 6-12 Multiproduct Break-Even Analysis [LO6-9] Olongapo Sports Corporation distributes two p...
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