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San Diego State University Operations And Supply Chain Management Assignment Help - income

Question - Olongapo Sports Corporation is the distributor in the Philippines of two premium golf balls—the Flight
Dynamic and the Sure Shot. Monthly sales, expressed in pesos (P), and the contribution margin ratios
for the two products follow: Product Flight Dynamic Sure Shot Total Sales P 700,000 P 300,000 P
1,000,000 CM ratio 64% 75% ? Fixed expenses total P570,000 per month. Requirement 1: Prepare a
contribution format income statement for the company as a whole. (Round your percentage values to
2 decimal places, e.g., .1234 as 12.34. Input all amounts as positive values. Omit the "P" and "%"
signs in your response.) Flight Dynamic Sure Shot Total Company Amount % Amount % Amount %
Sales P P P Variable expenses Contribution margin P P ...Read More

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